3493 CONDOR LANE
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 |
|---|---|---|---|
| Jan 8, 2025 | Listed | $500,000 | |
| Listed | |||
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Seller is open to Seller financing for a purchase or various rent to own scenarios and would have the agreement drawn up by a lawyer.
Welcome to this beautifully updated 3-level townhouse, offering 2013 square feet of living space in a highly sought-after location. The home has been freshly painted and features new flooring and carpet throughout, creating a modern, move-in ready environment. The updated bathrooms add a touch of luxury, while the full bath on the lower level offers added convenience. Snuggle up by the cozy wood fireplace in the lower level and enjoy the spacious newly finished family room. Step outside to enjoy the updated deck, perfect for relaxing and entertaining, with stunning water views from both the back of the house and the master bedroom.
This townhouse is ideally situated within walking distance of the elementary school and just a short distance to the middle and high schools, all within a top-rated school pyramid. The property is also conveniently close to major highways, offering easy access to a variety of shopping options. For those who enjoy spending time outdoors, this home is located in a vibrant boating community, with the marina just a short distance away.
The serene water view from the back of the house and the deck provides a peaceful retreat, enhancing the appeal of this wonderful home. Whether you're relaxing inside or enjoying the outdoor space, this townhouse combines comfort, convenience, and a prime location in one of the area’s most desirable communities. Don't miss the opportunity to make this home your own!
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| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by RE/MAX Realty Services | $425,000 | |
| Listed by RE/MAX Realty Services | |||
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Don't miss this opportunity to own a spacious townhouse in the sought-after Lake Ridge community. This home features 3 bedrooms, 2 full baths, and 2 half baths on 3 finished levels. The table-space kitchen has a bay window and plenty of cabinets. The living room/dining room combo has access to the deck overlooking the rear yard and trees. The primary bedroom has two closets and a private bath. Downstairs, the finished lower-level walks out to another deck and fenced yard. There is also a large rec room with a fireplace and a spacious utility/storage room. Perfectly located near local amenities and scenic walking trails, this home is ready for your personal touch!
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| Jun 19, 2017 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Lake Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017