4 Lantern Way #4
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Top Agent Plus | $759,900 | |
| Listed by Top Agent Plus | |||
| | |||
|
Discover the vibrant lifestyle at The Lanterns at Warren Woods! Embrace the comforts of the Village 2 home, offering a bright, open layout designed for seamless living. The main level features a primary bedroom suite, cozy office, convenient 1st-floor laundry room, a covered front porch, and a screened back deck, along with two separate garage spaces, this home offers both luxury and practicality. Upstairs, the charming loft and guest suite await. Enjoy the outdoor heated pool, and the inviting community meetinghouse. Explore the endless outdoor activities or just enjoy the natural beauty of Warren Woods and the Ashland Reservoir including tennis, boating, walking, jogging, and hiking. This sought-after community has so much to offer!
| |||
| Jul 13, 2017 | Sold | ||
| Sold | |||
| Jan 16, 2017 | Listed by Top Agent Plus | $517,000 | |
| 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 |
|---|---|---|---|---|---|---|---|
|
07/10/2024
|
2 Bed
|
3 Bath
|
1808 ft²
|
$759,900
2 Bed
3 Bath
1808 ft²
|
$761,000
+0.14%
08/23/2024
|
Judy Jennings
Top Agent Plus
| |
|
01/16/2017
|
2 Bed
|
3 Bath
|
1809 ft²
|
$517,000
2 Bed
3 Bath
1809 ft²
|
$555,571
+7.46%
07/13/2017
|
Judy Jennings
Top Agent Plus
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017