38 Lantern Way #38
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | In contract | - | |
| In contract | |||
| Sep 15, 2022 | Listed by Realty Executives Boston West | $650,000 | |
| Listed by Realty Executives Boston West | |||
| May 4, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Top Agent Plus | $471,000 | |
| Listed by Top Agent Plus | |||
| | |||
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Welcome to The Lanterns at Warren Woods, one of Metro West’s only 55+ communities with 100% detached condominium homes all featuring 1st floor master bedrooms, front porches, rear patios and 2 car garages. Beautifully situated near the 475 acre Ashland Reservoir and 120-acre Warren Woods, and convenient to shopping, highways, and commuter rail service. This Village 1 home is to be built and will be ready in March. Price is subject to change without notice.This home is under construction photographs are from our Village 1 model home with upgrades.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2022
|
2 Bed
|
2 Bath
|
1659 ft²
|
$650,000
2 Bed
2 Bath
1659 ft²
|
$705,000
+8.46%
10/17/2022
|
Bo Lee
Coldwell Banker Realty - Natick
| |
|
06/08/2017
|
2 Bed
|
2 Bath
|
1657 ft²
|
$471,000
2 Bed
2 Bath
1657 ft²
|
$480,490
+2.01%
05/04/2018
|
Judy Jennings
Top Agent Plus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017