23325 Gondor Drive
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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 |
|---|---|---|---|
| May 16, 2024 | No longer available | - | |
| No longer available | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 15, 2024 | Listed by International Home Realty | $1,201,000 | |
| Listed by International Home Realty | |||
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Opportunity awaits. One level 3 bed and 2 bath home built in 1968 but looks and acts brand NEW. New kitchen, newer appliances, new a/c and heat, new roof, new walkways, fresh paint inside and out and it was re-piped in 2020 with new windows and doors. Too many new upgrades to list. Kitchen is like new with quartz counters and new cabinets. Stainless appliances. New hard floors throughout the entire house. NO CARPET anywhere. One bedroom has a brand-new murphy bed installed with matching cabinetry for a useful guest room/office combo. Both baths are completely updated and modern. This home is located on the end of a small Cul de sac. Private yard with low maintenance landscape. This one level home is turnkey. Located just off the 5 at lake forest. Close to schools, shopping and lots of restaurants. Part of the Lake Forest Beach and Tennis club included with your HOA. Enjoy the pools, tennis, pickle ball, gym and more. The manager has listed the unit size as 1697 square feet.
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| Feb 23, 2018 | Sold | ||
| Sold | |||
| Dec 9, 2017 | Listed by Hanu Reddy Realty | $675,000 | |
| Listed by Hanu Reddy Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017