13
Map
9199 Lantern Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Edgestone Real Estate Inc. | $424,500 | |
| Listed by Edgestone Real Estate Inc. | |||
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This well-located 3-bedroom, 2-bath home offers 1,196 sq ft of comfortable living space on a generous 10,023 sq ft lot. Built in 1974, the residence includes a 1-car garage and is surrounded by a spacious front yard and an expansive backyard, providing ample room for outdoor enjoyment, entertaining, gardening, or future improvements. The property is zoned agricultural, offering added flexibility, and enjoys a sense of openness rarely found at this price point. Conveniently situated just minutes from the Turnpike and I-95, the home provides easy access to multiple golf courses, Wellington, Downtown West Palm Beach, and local beaches. To help visualize this home's floor plan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. this property presents a unique opportunity to enjoy space, convenience, and versatility in Lake Worth.
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| May 2, 2016 | Sold | ||
| Sold | |||
| Oct 14, 2015 | Listed by KW Reserve Palm Beach | $199,900 | |
| Listed by KW Reserve Palm Beach | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017