4 Lantern Way
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 6, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | In contract | - | |
| In contract | |||
| Jan 30, 2020 | Listed by Empire Home Realty of L I Inc | $540,000 | |
| Listed by Empire Home Realty of L I Inc | |||
| Oct 30, 2019 | Sold | ||
| Sold | |||
| Feb 25, 2019 | Listed by Owners.Com | $399,800 | |
| Listed by Owners.Com | |||
| | |||
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Great opportunity to own this lovely single family home in Smithtown, situated on almost a quarter of an acre. It has tons of potential! Its located close main roads with easy access to local amenities. This property won't last so place your bid today!
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Property Highlights
Building Info
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Price/ft²
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About Lake Ronkonkoma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017