3202 LUDHAM DRIVE #195B
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.
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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 4, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jan 2, 2026 | Listed by Urban Brokers, LLC | $320,000 | |
| Listed by Urban Brokers, LLC | |||
| | |||
|
Just Reduced $5,000 - Welcome to this beautifully updated 2-bedroom, 1-bath semi-detached home with 2 car Garage in the heart of Leisure World, Montgomery County’s premier 55+ gated community. This one-level home offers stylish, low-maintenance living with a spacious open-concept living and dining area, updated kitchen with newer appliances, and new luxury vinyl plank flooring throughout. The renovated bathroom features a walk-in shower, and additional upgrades include updated windows, a cozy fireplace, and full-size washer and dryer. Enjoy outdoor living on the private rear patio—perfect for relaxing or gardening. A large 2-car garage offers ample space for parking, storage, or a workshop. Recent improvements include a new Hot water heater, sliding glass door, front door, storm door, and a newer roof. Move-in ready and ideally located within a vibrant, amenity-rich community—don’t miss this opportunity to enjoy easy, comfortable living in Leisure World!
| |||
| Dec 23, 2022 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/02/2026
|
2 Bed
|
1 Bath
|
850 ft²
|
$320,000
2 Bed
1 Bath
850 ft²
|
$310,000
-3.13%
03/04/2026
|
Joyce Meyerdirk-McKenzie
CENTURY 21 New Millennium
| |
|
11/16/2022
|
2 Bed
|
1 Bath
|
850 ft²
|
$320,000
2 Bed
1 Bath
850 ft²
|
$290,000
-9.38%
12/23/2022
|
Melinda Butterfield
RE/MAX Realty Services
|
Building Info
About Rossmoor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017