4 Lantern Lane
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 |
|---|---|---|---|
| Jul 20, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | In contract | - | |
| In contract | |||
| May 1, 2023 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $844,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Apr 19, 2017 | Listed by Patriot Real Estate, Inc. | $579,900 | |
| Listed by Patriot Real Estate, Inc. | |||
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New construction with projected delivery August 1. Great three bedroom 2.5 bath colonial with plenty of time for you to make your selections. 9 foot ceilings on first floor, dining room with tray ceiling, front to back family room with vaulted ceiling, second floor laundry, lots of hardwood, granite counter tops, finished third floor and unfinished walk out basement, master bath with tile shower and many other additional extras. Less than 2 miles from 495 exit 19. Medway is a wonderful community with plenty of activities for children, adults and the entire family, a community farm, wonderful schools, and shuttle bus to Norfolk MBTA train station.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017