5 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 |
|---|---|---|---|
| Sep 21, 2018 | Sold | ||
| Sold | |||
| Mar 28, 2018 | Listed by Keller Williams Realty Signature Properties | $599,900 | |
| Listed by Keller Williams Realty Signature Properties | |||
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LOCATION! LOCATION!!! This diamond in the rough awaits a creative new owner! This cherished home was moved to its present site in 1951, a "coveted" location in the heart of Downtown Hingham. In a Beacon Hill setting, on town sewer, it is surrounded by stonewalls, numerous plantings, a brick patio, and a sunken garden. The seven rooms feature a living room with fireplace, a family room with a gas fireplace, wide pine floors and breathtaking views of church steeples and Downtown. It has been lovingly maintained by the same family since it was moved in 1951. The time has come for a new owner to renovate and update while enjoying all this home and location have to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017