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Map
4823 Red Lantern Drive
About This Property
INSIDE, YOU'LL FIND AN OPEN FLOOR PLAN, THOUGHTFULLY UPGRADED FEATURES INCLUDING SOLID SURFACE FLOORS, LARGE KITCHEN - GRADIENT RECESSED LIGHTING THAT PROVIDES A WARM, AMBIENT GLOW THROUGHOUT. THE FULLY REMODELED MAIN BATHROOM FEATURES A SPACIOUS WALK-IN SHOWER AND ELEGANT FINISHES. FOR PEACE OF MIND YEAR-ROUND A GENERAC GENERATOR ENSURES YOU'RE ALWAYS POWERED UP, NO MATTER THE WEATHER. THIS HOME ISN'T JUST MOVE-IN READY-IT'S MADE FOR EFFORTLESS LIVING AND ENTERTAINING.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by eXp Realty, LLC | $330,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017