5256 Lantern Crest Drive
About This Property
one bedroom and bath downstairs, nice open kitchen, large family room with fireplace, formal living room and dining room, 3 bedrooms
and 2 bathrooms upstairs, the master bedroom is a good spacious size with 2 large closets, sky light in master bathroom, the other two bedrooms
upstairs are both also very spacious, nice size yard with a sparkling pool for the hot summer days! Conveniently located close to high rated
schools, Cal State San Bernardino, shops, transportation, mountain resorts and San Manuel Casino!
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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 |
|---|---|---|---|
| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by EGA Homes | $495,555 | |
| Listed by EGA Homes | |||
| | |||
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Two-story pool home in Northpark neighborhood! This home has vaulted ceilings, a kitchen that opens up to the family room with a fireplace. There is a bedroom and a bathroom downstairs! Master suite with 2-closets and dual sinks. Beautiful back yard with a sparkling pool and spa, perfect for the hot summer. Located close to schools, Cal State, shopping and freeway access. Don't miss out!
| |||
| Jul 21, 2015 | Sold | ||
| Sold | |||
| Jun 8, 2015 | Listed by RE/MAX TIME REALTY | $310,000 | |
| Listed by RE/MAX TIME REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017