8 Lantern Way #8
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 17, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $780,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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OFFER DEADLINE TUESDAY, AUGUST 4TH, 5 PM. Experience effortless living at The Lanterns at Warren Woods, one of the area’s most desirable 55+ communities with 100% detached single family homes. This beautifully maintained, turnkey home offers the perfect blend of comfort and style with true single-level living. The sun-filled open floor plan features a spacious living room, dining area, and an inviting kitchen with a large center island, ideal for entertaining or everyday living. The primary suite includes a generous walk-in closet and a private bath, while a second bedroom and full bath provide welcoming space for family and guests. A rare bonus is the expansive unfinished second level, offering endless possibilities to customize the space to suit your needs. Relax on the charming front porch or unwind on the expansive rear deck. Additional highlights include a two-car garage and low-maintenance living. Residents enjoy a welcoming clubhouse for social events and private gatherings, plus a heated outdoor pool for summer enjoyment. Simply move in and start enjoying the lifestyle you’ve been waiting for! Visit the listing website: https://view.spiro.media/8_lantern_way-500
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| Jul 27, 2017 | Sold | ||
| Sold | |||
| Dec 29, 2016 | Listed by RE/MAX Prof Associates | $489,389 | |
| Listed by RE/MAX Prof Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/29/2016
|
2 Bed
|
2 Bath
|
1657 ft²
|
$489,389
2 Bed
2 Bath
1657 ft²
|
$500,473
+2.26%
07/27/2017
|
Judy Jennings
Top Agent Plus
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017