2720 Lemon Drive
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | In contract | - | |
| In contract | |||
| May 12, 2020 | Price Decreased |
$699,000
↓ $16K
(2.2%) | |
| Price Decreased | |||
| Apr 30, 2020 | Listed | $715,000 | |
| Listed | |||
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Welcome home! Centrally located in the highly desired and much sought after New Country tract. This single-story home boasts over 2400 sqft and is situated on a 9319 sqft lot. The beautiful home offers 4 large bedrooms and 2 spacious bathrooms. As you enter the master suite through the double door entry, you’ll find vaulted ceilings and access to the back yard. The large en-suite bathroom offers dual sinks, large bathtub and a separate shower. From the dining area, you can access the atrium where you can enjoy your morning cup of coffee or evening beverage of choice all while taking in the shade that the lush trees offer. The pool size backyard lends itself for any entertainment you have in mind, with ample sitting space in the patio area. Located within walking distance to the Simi Valley Civic Center, Rancho Tapo Community Park, Public Library, Senior Center, Restaurants and Grocery Stores, you won't be disappointed!! Call today 310-497-1435 for a private showing. The manager has listed the unit size as 2402 square feet.
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| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017