4 Lantern Lane (Lot 12-64)
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%.
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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 |
|---|---|---|---|
| Feb 10, 2022 | Sold | ||
| Sold | |||
| Dec 8, 2021 | Listed by RE/MAX Innovative Properties | $319,900 | |
| Listed by RE/MAX Innovative Properties | |||
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Meticulously maintained 3 bedroom home in the welcoming neighborhood of The Villages of Norway Plains. This inviting home is perfect for entertaining with open concept living on the first level. The large yet cozy master features a great, oversized walk-in closet. Two spacious additional bedrooms and the main bath complete the 2nd level. There is also a large basement with exterior access that makes for a great storage space. For outdoor entertaining, host your guests on the deck overlooking the level, fenced back yard with raised garden beds or sit back and relax out front on the charming farmer's porch This home offers easy maintenance with vinyl siding, public water and sewer, and central air conditioning. Located just minutes from Rte. 16 and Rte. 125 for easy commuting and great access to shopping and restaurants.
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| May 8, 2015 | Sold | ||
| Sold | |||
| Oct 29, 2014 | Listed by The Gove Group Real Estate, LLC | $189,900 | |
| Listed by The Gove Group Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017