220 Lemon Tree Lane #5
About This Property
The manager has listed the unit size as 1316 square feet.
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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 |
|---|---|---|---|
| Dec 29, 2020 | No longer available | - | |
| No longer available | |||
| Dec 23, 2020 | Relisted | $144,000 | |
| Relisted | |||
| Dec 11, 2020 | No longer available | - | |
| No longer available | |||
| Nov 3, 2020 | Price Decreased |
$144,000
↓ $5K
(3.4%) | |
| Price Decreased | |||
| Sep 26, 2020 | Listed | $149,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/07/2023
|
2 Bed
|
2 Bath
|
1300 ft²
|
$235,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Cindy Burlingame
Charles Rutenberg Realty Orlando LLC
| |
|
06/05/2022
|
2 Bed
|
2 Bath
|
1300 ft²
|
$270,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Thomas A Zarske
Realty Pros Assured
| |
|
09/26/2020
|
2 Bed
|
3 Bath
|
1316 ft²
|
$149,000
2 Bed
3 Bath
1316 ft²
|
-
-
|
-
| |
|
09/02/2020
|
2 Bed
|
2 Bath
|
1300 ft²
|
$145,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
10/18/2019
|
2 Bed
|
3 Bath
|
1270 ft²
|
$135,000
2 Bed
3 Bath
1270 ft²
|
-
-
|
-
| |
|
08/13/2018
|
2 Bed
|
3 Bath
|
1262 ft²
|
-
2 Bed
3 Bath
1262 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017