18025 Lungo ST
About This Property
Thoughtfully designed, the home welcomes you through a private gated courtyard complete with a pergola, creating the perfect space for relaxing evenings outdoors. Inside, abundant windows fill the living and kitchen areas with natural light, enhancing the open and inviting layout. The kitchen is both stylish and functional, featuring updated cabinet hardware and custom pull-out cabinet organizers for added convenience and storage, while both bathrooms reflect the same attention to detail. Upgraded lighting throughout the living room, dining area, bathrooms, and guest room adds a modern touch.
Energy-efficient features include 10 paid-off solar panels and a tankless water heater upgraded in 2021. Additional enhancements such as sun shades at the front entry, patio, and back porch provide both shade and privacy. A pre-installed loop in the garage offers future flexibility for a water softener or purification system.
Enjoy peaceful sunset views over the lake with no homes across the street to obstruct your scenery. With its prime location, stylish upgrades, and true lock-and-leave convenience, this home is ideal as a primary residence, second home, or investment opportunity.
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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 |
|---|---|---|---|
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Redfin Corporation | $332,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017