51 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 |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$2,195,000
↓ $155K
(6.6%) | |
| Price Decreased | |||
| May 7, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $2,350,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Beautifully sited on an almost 1/2 acre lot, this expansive contemporary multi-level home offers four levels of living and includes 6 bedrooms and 5 1/2 baths. Enter from a granite staircase through mahogany doors to a gorgeous foyer, open den and half bath. Entertain in the spacious modern, open concept kitchen (with stainless steel appliances, granite counters/island), sunlit family room with many windows and sliders to a beautiful paver patio and formal DR with fireplace and cathedral ceiling. Upper levels are accessed by a split staircase; one leads to the primary BR with walk-in closet and ensuite bath, two spacious BRs, full bath and laundry closet. The other staircase leads to a 2nd primary with ensuite, two BRs and full bath. Lower levels feature a cozy game room, four-season glass sunroom/solarium designed to grow vegetables or flowers year round, fireplaced family room, and direct access to the 2-car garage.
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| Aug 7, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017