91
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466 Lanternback Island Drive
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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.
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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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Glover Properties | $2,598,888 | |
| Listed by Glover Properties | |||
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Coastal Luxury Redefined - 466 Lanternback Island Drive
A one-of-a-kind estate in the prestigious Tortoise Island, this 5-bedroom, 5.5-bath waterfront masterpiece delivers an unparalleled blend of elegance, technology, and adventure.
Perched on 100 feet of direct riverfront, the 5,439 sq. ft. residence captures breathtaking sunset views through new impact windows and doors. The open-concept design flows effortlessly, drawing you into its expansive 10' ceiling living spaces, accentuated by two fireplaces and a chef's dream kitchen—complete with dual gas stoves, two dishwashers, a massive island, and a hidden walk-in pantry.
The primary suite is a private retreat, featuring a sauna, soaking tub, dual walk-in closets, and its own fireplace. Upstairs, a sprawling waterfront deck and three en-suite bedrooms offer comfort and privacy, while a third-floor recreation space is perfect for a bunk room, game room, or private retreat. Thoughtful touches like dual staircases, second-floor laundry, and a private guest suite enhance livability.
Step outside to your resort-style oasisa saltwater pool and spa, a hurricane strong pavilion with a full outdoor kitchen, and a private dock with a boat lift surrounded by floating docks, granting direct access to the Intracoastal Waterway.
Packed with cutting-edge eco-friendly features, this home includes a 17kW Tesla Solar System with four Powerwalls, geothermal HVAC, and an EV-ready garage.
Beyond your private sanctuary, enjoy exclusive community amenities,a private marina, resort-style pool, tennis & pickleball courts, and a state-of-the-art fitness center within minutes of beaches, top-rated schools, and premier shopping & dining.
At 466 Lanternback Island Drive, luxury isn't just a lifestyleit's an experience.
Are you ready to make it yours?
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| May 7, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Carnu Realty LLC | $2,100,000 | |
| Listed by Carnu Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017