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2440 Gillingham Circle
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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Equity Union Real Estate | $1,275,000 | |
| Listed by Equity Union Real Estate | |||
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Sensational View Home with breathtaking mountain views, ideally located on a peaceful cul-de-sac, in the sought-after Lang Ranch Meadow Wood community. This well-maintained 4 bedroom and 3 full bath home offers a desirable downstairs bedroom with a full bath, perfect for guests or in-home office. An open-concept floor plan is highlighted with recessed lighting and expansive living spaces designed for both comfort and entertaining.The chef's kitchen is beautifully appointed with newly painted cabinetry and updated hardware, pull-out drawers, under-cabinet lighting, granite countertops, a center island with bamboo countertop, mosaic-style backsplash, stainless steel appliances, and a reverse osmosis water system. Multiple dining options include a formal dining area, family room dining space, and a charming breakfast nook.Additional features and upgrades include newly installed blinds in select areas, ceiling fans, and a cozy family room fireplace with custom built-in shelving. The home was also freshly painted in many areas of the home. Enjoy energy efficiency and low utility costs with owned solar panels.The spacious primary suite features a large walk-in closet with dual sinks, soaking tub, and separate shower. The low-maintenance backyard offers stunning mountain views and a covered patio--ideal for outdoor entertaining.Experience the exceptional Lang Ranch lifestyle with award-winning schools, nearby shopping and dining, and easy access to all that Thousand Oaks has to offer.
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| Mar 22, 2019 | Sold | ||
| Sold | |||
| Nov 26, 2018 | Listed by Century 21 Hilltop | $899,950 | |
| Listed by Century 21 Hilltop | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017