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318 LANGHAM DRIVE
About This Property
The property includes a private heated pool and access to community amenities, providing flexibility for both personal use and rental opportunities. The community allows short-term rentals, making this property appealing for investors, seasonal residents, or full-time occupancy.
Based on available information, the home appears to be in generally good condition; however, buyers are encouraged to conduct their own inspections to verify condition and functionality of all systems. The property includes solar equipment, and buyers should verify ownership, lease terms, and transferability.
Located in Flood Zone X with convenient access to major roadways, shopping, dining, and Central Florida attractions.
Buyers should verify all information, including HOA details and rental restrictions.
Agents: Please review all private remarks prior to scheduling a showing.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 23, 2026 | Price Increased |
$368,000
↑ $68K
(22.7%) | |
| Price Increased | |||
| Oct 23, 2026 | Relisted | $300,000 | |
| Relisted | |||
| Aug 5, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Price Decreased |
$325,000
↓ $10K
(3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017