75
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894 LANTERN WAY
About This Property
The residence features a spectacular kitchen with newer upgraded appliances, abundant cabinetry, and an oversized breakfast nook-perfect for morning coffee or casual dining. The layout flows seamlessly into the large living and dining rooms, enhanced by high ceilings and sliding doors that open to a screened lanai ideal for relaxing or entertaining.
The split-bedroom floor plan provides plenty of space for guests or a home office. The primary suite boasts two walk-in closets, direct lanai access, a garden tub, and a redesigned walk-in shower. Generously sized secondary bedrooms offer flexibility for various lifestyle needs.
Residents of Coachman Reserve enjoy stylish Mediterranean design touches including tile roofs and paver driveways, along with pet-friendly policies, guest parking, and a heated community pool with both senmi-covered and open lounging areas. Ideally located just minutes from shopping, dining, and the stunning Gulf beaches, this home blends convenience, comfort, and charm in one of the area's most sought-after communities. Some furniture is negotiable.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$389,999
↓ $1
(0%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$400,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$405,000
↓ $13K
(3%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by FUTURE HOME REALTY INC | $417,500 | |
| Listed by FUTURE HOME REALTY INC | |||
Property Highlights
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017