6847 Lantern Key Drive
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 4, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $289,900 | |
| Listed | |||
| | |||
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Spacious one-story 3-bed, 2-bath, 2-car garage home. Freshly painted interior, Brand new stainless steel appliances in open kitchen overlooking Family Room. Large Master Suite with two closets, separate shower and tub, dual sinks. Living/Dining Room, Utility Room and Family Room in addition to bedrooms and bathrooms. Covered patio, lush green landscaping. The front of the home overlooks a tranquil Conservation area full of natural plants where birds and turtles abound. Gated community has a large clubhouse, fitness center, pool and tot lot. Lawn care and Basic Cable included in HOA fee. Community requires all adults residing in home to have a 650 credit score or higher. The manager has listed the unit size as 1645 square feet.
| |||
| Jun 2, 2018 | Listed by Salefish Properties | $279,900 | |
| Listed by Salefish Properties | |||
| Dec 31, 2003 | Sold | ||
| Sold | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017