25
Map
125 LEMON Street
About This Property
Discover the charm of this beautiful
remodeled 1940's historic bungalow in beautiful historic Melrose, FL. This residence blends vintage charm with modern updates. Step inside and you will be greeted by stunning original hardwood floors. The home features a fully functional original wood-burning stove. New mini splits! The remodeled kitchen boasts modern appliances and ample storage in cherry cabinets, new butcher block acacia and cherry countertops. The newly renovated bathroom showcases a large walk-in shower and a double vanity. Step on the expansive 26 x26 screened enclosed side porch. Located off the kitchen and back bedroom, ideal for entertainment. Original doors and hardware! This property is situated on 1/2 acre. Washer and dryer hookup is located in the attached room located in the carport Seller is offering a $7500, credit at closing toward the cost of the roof. Don't miss out-schedule a showing
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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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by FLORIDA HOMES REALTY & MTG LLC | $169,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by TAYLOR DOUGLAS REALTY, INC. | $50,000 | |
| Listed by TAYLOR DOUGLAS REALTY, INC. | |||
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FIXER UPPER SPECIAL! CASH ONLY! Come take a look at this 2 bedroom/1 bathroom house with a large, screened porch on a nice 1-acre lot. House has been cleaned out and ready for a whole house renovation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017