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 | |||
| | |||
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Welcome to this Unique Adult Community at THE LANTERNS AT WARREN WOODS! This Charming Neighborhood is Condominium Style Living at it's BEST, comprised of all Detached Single Family Homes! It’s UNIQUE in that each home has it’s own fenced garden area, covered front porch & backyard deck, patio, or porch. BEAUTIFULLY LANDSCAPED thru-out the neighborhood w/ a variety of blooming flowers, plants, bushes, trees & large stones. A Wonderful GATHERING PLACE at the warm spacious MEETINGHOUSE & summertime fun at the inviting POOL. This Wonderful Home, rarely available, includes all Living Areas on the Main Floor. A large Bonus Room (unfinished) on the 2nd floor, gives you options to finish it as an extra living area for Guests, Home Gym, Office, Great Rm or Extra Storage! Also a spacious 2 CAR GARAGE w/ extra storage as well! GREAT location w/ trails to Warren Woods, Ashland State Park, playing fields, Pinecrest Golf & conveniences to shopping/restaurants/T-station & main routes. A WINNER!
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| May 4, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Top Agent Plus | $471,000 | |
| Listed by Top Agent Plus | |||
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