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3221 LUDHAM DRIVE #191A
About This Property
Inside, you'll find LVP flooring throughout, fresh paint, and additional recessed lighting that enhances the home's airy feel. The living is flooded by natural light and large windows as well as a beautiful wood burning fireplace. Both full bathrooms have been completely renovated, adding a touch of luxury to your daily routine. Nestled on a quiet cul-de-sac bordered by lush greenery, this home offers privacy and peace within a vibrant community. Leisure World boasts a wealth of amenities, including golf, tennis, pickleball, theatre, transportation, multiple clubhouses, fitness center, on-site medical services, and dozens of clubs and activities for every interest. Centrally located near shopping and public transportation, Leisure World truly is the gem of Montgomery County-a wonderful place to call home.
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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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | Listed by RE/MAX Realty Centre, Inc. | $464,999 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 13, 2019 | Listed by Weichert, REALTORS | $350,000 | |
| Listed by Weichert, REALTORS | |||
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ALMOST TOTALLY REDONE FOR THE SALE. FRESHLY PAINTED IN A LIGHT GRAY THROUGHOUT. UPDATES INCLUDE: KITCHEN WITH GRANITE COUNTERS IN TAUPE TONES, NEW WHITE CABINETS, NEW STAINLESS APPLIANCES (EXCEPT BOSCHE DISHWASHER), BATH UPDATES, LIGHTING, FLOORING, TUB/SHOWER REGLAZING, OWNER'S SUITE: NEW PLUSH GRAY CARPET(ORIGINAL WOOD-LOOK LAMINATE FLRG IN MAJORITY OF HOME), TWO CAR GARAGE INTERIOR PAINTED TO INCLUDE FLOOR & STORAGE CABINETS, SHELVING...MATURE LANDSCAPING & WALKING PATHS SURROUND THE RESIDENCE!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
3 Bed
|
2 Bath
|
1193 ft²
|
$464,999
3 Bed
2 Bath
1193 ft²
|
$465,000
+0.00%
11/14/2025
|
Ellen Coleman
RE/MAX Realty Centre, Inc.
| |
|
03/13/2019
|
3 Bed
|
2 Bath
|
1193 ft²
|
$350,000
3 Bed
2 Bath
1193 ft²
|
$350,000
04/30/2019
|
Sue Heyman
Weichert, REALTORS
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017