1
Map
54 Lantern Lane #3
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 27, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Listed | $259,900 | |
| Listed | |||
| |||
|
Beautifully maintained one bedroom condo in a much desired Lantern Lane complex in Dracut. If you're a first time buyer or looking to downsize this is the place you've been looking for. This unit comes with all the appliances included and also 2 marked parking spaces. You'll also enjoy low condo fees and easy first floor living. Open House from 11:30-1:30 on 4/26. See you there!!!
| |||
| Sep 29, 2005 | Sold | ||
| Sold | |||
| Jun 10, 2005 | Listed | $148,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2025
|
1 Bed
|
1 Bath
|
667 ft²
|
$259,900
1 Bed
1 Bath
667 ft²
|
$250,000
-3.81%
05/27/2025
|
Richard Lawrenson
Stephen Lawrenson Real Estate
| |
|
06/01/2023
|
2 Bed
|
1 Bath
|
840 ft²
|
$265,000
2 Bed
1 Bath
840 ft²
|
$290,000
+9.43%
06/30/2023
|
Derek Stone
Keller Williams Realty
| |
|
08/25/2022
|
1 Bed
|
1 Bath
|
715 ft²
|
$220,000
1 Bed
1 Bath
715 ft²
|
$229,225
+4.19%
09/30/2022
|
Lisa Crowley
Gordon Crowley Real Estate
| |
|
02/18/2022
|
2 Bed
|
1 Bath
|
840 ft²
|
$219,900
2 Bed
1 Bath
840 ft²
|
$208,000
-5.41%
04/13/2022
|
Derek Stone
Keller Williams Realty
| |
|
02/13/2018
|
1 Bed
|
1 Bath
|
667 ft²
|
$139,900
1 Bed
1 Bath
667 ft²
|
$142,150
+1.61%
04/05/2018
|
Kimberly Aponte
LAER Realty Partners
| |
|
03/12/2008
|
1 Bed
|
1 Bath
|
667 ft²
|
$74,977
1 Bed
1 Bath
667 ft²
|
$74,000
-1.30%
01/30/2009
|
Linda Kody
Kody and Company Inc
| |
|
06/10/2005
|
1 Bed
|
1 Bath
|
667 ft²
|
$148,900
1 Bed
1 Bath
667 ft²
|
$145,000
-2.62%
09/29/2005
|
Maria Silva
LAER Realty Partners
| |
|
12/07/2004
|
2 Bed
|
1 Bath
|
840 ft²
|
$178,900
2 Bed
1 Bath
840 ft²
|
$195,000
+9.00%
01/19/2006
|
Cynthia McLaughlin
Prudential Verani Realty
| |
|
02/25/2004
|
2 Bed
|
1 Bath
|
840 ft²
|
$169,900
2 Bed
1 Bath
840 ft²
|
$169,900
04/28/2004
|
Debra A. Lyons
Coco, Early & Associates
| |
|
10/31/2002
|
2 Bed
|
1 Bath
|
1162 ft²
|
$144,900
2 Bed
1 Bath
1162 ft²
|
$144,900
12/13/2002
|
Eleanor Connors
Doherty Properties, LLC
| |
|
06/13/2001
|
1 Bed
|
1 Bath
|
667 ft²
|
$94,900
1 Bed
1 Bath
667 ft²
|
$92,000
-3.06%
08/30/2001
|
Maria Silva
LAER Realty Partners
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017