1952 Lotus Place
About This Property
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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 |
|---|---|---|---|
| Jul 22, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Price Decreased |
$950,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by Rodeo Realty | $980,000 | |
| Listed by Rodeo Realty | |||
| Mar 23, 2025 | Listed | $888,000 | |
| Listed | |||
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Orchard haven for a green thumb: First time on the market in over 50 years!
Welcome to 1952 Lotus Place, a well-maintained 4-bedroom, 2-bathroom home offering 1,760 square feet of living space in a quiet, established Brea neighborhood. This single-level property has been lovingly cared for by the same family for decades and presents a rare opportunity for buyers to create their dream home.The layout includes a spacious living room, a separate dining area, and a functional kitchen with plenty of cabinet space. All four bedrooms are generously sized, and the home receives great natural light throughout. Sitting on a 5,000+ sq ft lot, the backyard is a true gem for nature lovers and home gardeners alike. Thoughtfully cultivated over the years, this private retreat features a mini orchard bursting with fruit: a mature Hass avocado tree, Fuji apples, figs, grapes, lemons, and sweet oranges. Whether you're harvesting seasonal produce or simply enjoying the greenery, this yard offers both beauty and bounty year-round. Additional features include an attached two-car garage, laundry area, and central HVAC. Conveniently located near schools, parks, shopping, and dining, this property is full of potential. Bring your vision and make this home—and orchard—your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017