706 Lantana Street
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 |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Relentless Real Estate Co. | $353,000 | |
| Listed by Relentless Real Estate Co. | |||
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Jan 14, 2023 | Listed by Adams Homes Realty, Inc. | $342,100 | |
| Listed by Adams Homes Realty, Inc. | |||
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ONLY $1,000 Deposit! This 3/2 home features an open floor plan w/ 10 ft vaulted ceilings. Kitchen features 36'' w/crown molding, Moen faucets, stainless steel appliances, breakfast bar, pantry and more. Master suite w/ large walk-in closet & 5 ft walk in shower & linen closet. Third bedroom is perfect for a Home Office with tons of light and bay window! Home also includes a covered lanai, R-30 insulation, Taexx pest prevention system, double pane (low E) windows w/ Storm Shutters, and so much more. Energy Efficient w/ 10-year structural, builder and manufacturer warranties all included. Save thousands of dollars and have your closing costs paid when using an approved lender. **Sample Photos
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017