40 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 |
|---|---|---|---|
| Jun 17, 2011 | Sold | ||
| Sold | |||
| Mar 23, 2011 | Listed by William Raveis R.E. & Home Services | $675,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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|
Spacious, well-maintained Split Entry with 4 bedrooms, over 3,000 sf. of living space in terrific cul de sac location! Updated eat-in granite kitchen open to sunroom and great deck. First level has fireplaced family room and additional space for many possibilities: home office, au pair or superb play space. Bonus finished walk-up attic! Newer appliances, furnace and roof. Lovely level fenced yard. Great location near shops, schools, train and more. Excellent value for space and convenience!
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| Sep 16, 2010 | Listed by Century 21 Commonwealth | $694,000 | |
| Listed by Century 21 Commonwealth | |||
| May 14, 2010 | Listed by Louise Condon Realty | $749,000 | |
| Listed by Louise Condon Realty | |||
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Cul de sac location. Spacious Split Level with newer kitchen and baths. See floor plan for room locations. Roof - 2006, furnace - 2005. Great deck overlooks well landscaped lot. 2 car garage. Walk to train and shops.
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| Sep 9, 1988 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017