402 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 |
|---|---|---|---|
| Oct 27, 2016 | Sold | ||
| Sold | |||
| Sep 7, 2016 | Listed by Conway - Plymouth | $279,000 | |
| Listed by Conway - Plymouth | |||
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Beautiful and well appointed Chatham II home offers open floor plan, hardwood floors, gas fireplaced living room, 2 car garage and a stunning, recently remodeled kitchen (09/2015) with stainless steel appliances, eat in area and breakfast bar. Master with ceiling fan, walk in closet and handicap accessible bathroom with dual vanity. Formal dining room leading to a carpeted 3 season porch which goes out to your relaxing deck that abuts the woods. Oak Point, a 55+ resort like community with a club house, 3 pools, gym, fitness center, billiard room, bocce, tennis and an on site activities director. Your fee includes your property taxes, trash pick up, lawn care AND snow removal. Just move in and enjoy carefree living at it's very best. .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017