Middlesex
62 Lantern Way #62
$517,053
●
Condo -
Off Market
62 Lantern Way #62
Ashland, MA 01721
2 Beds
3 Baths,
1
Half Bath
1,809 Ft²
$771,686
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Phase 1 is completely sold out, only a few homes are available in
Phase 2, and almost 40% of the homes planned for Phase 3 have sold.
Things are moving fast at The Lanterns. One of Metro West's ONLY
55+ community with 100% DETACHED single family condominiums
featuring 1st floor master bedrooms, front porches, rear decks and
2 car garages. Beautifully situated near the 475 acre Ashland
Reservoir and adjacent to the 120-acre Warren Woods, yet convenient
to shopping, highways, and commuter rail service. We are pet
friendly! Price includes several upgrades, and a portion of the
generous incentive remains for the buyer to finish their
selections. Photos are from model home.
Unit Size
1,809 Ft²
Days on Market
-
Land Size
-
Price per sqft
$291
Property Type
Condo
Property Taxes
-
HOA Dues
$399
Year Built
2019
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (MLSPIN #72448433)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Top Agent Plus | $525,850 | |
| Listed by Top Agent Plus | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 13
Length: 15
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances
Area: 195
Level: Main
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: Second
Features: Bathroom - Full, Closet
Width: 12
Length: 15
Area: 180
Width: 14
Features: Coffered Ceiling(s), Flooring - Hardwood, Deck - Exterior
Length: 14
Level: First
Area: 196
Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded
Level: First
Length: 15
Level: First
Area: 210
Features: Flooring - Hardwood, Open Floorplan
Width: 14
Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Closet - Linen, Walk-In Closet(s)
Level: First
Length: 15
Width: 14
Area: 210
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Engineered Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: To Be Built
PropertySubType: Condominium
Building Name: The Lanterns At Warren Woods
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Covered
Lead Paint: None
Pool Features: Association, In Ground, Heated
Lot Size Units: Acres
Water Source: Public
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool
Association Fee Frequency: Monthly
HOA Fee: $399
Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, T-Station, Adult Community
Pets Allowed: Yes
Management: Developer Control
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2019
|
2 Bed
|
3 Bath
|
1809 ft²
|
$525,850
2 Bed
3 Bath
1809 ft²
|
$517,053
-1.67%
07/16/2019
|
Judy Jennings
Top Agent Plus
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017