47 Lantern Rd.
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 |
|---|---|---|---|
| May 2, 2012 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by Cameron Real Estate Group | $224,900 | |
| Listed by Cameron Real Estate Group | |||
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First showings begin Sun, April 1st, 1-3pm.....This home has great bones! Even though it needs updating you will not be disappointed. With 5 bedrms the use is endless. HW flrs on most of the 1st floor & a spacious kitchen that is just waiting for your ideas; the heated porch off the kitchen is great extra space. Situated in a well maintained neighborhood, close to everything including the beach; nice level yard; truly a gem in the rough! Bring your ideas and imagination and make this your home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017