4811 Lemon Road
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 |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2023 | Listed by Keller Williams Realty Tyler | $349,000 | |
| Listed by Keller Williams Realty Tyler | |||
| Feb 22, 2023 | No longer available | - | |
| No longer available | |||
| Jan 12, 2023 | Listed by Texas Real Estate Executives | $319,900 | |
| Listed by Texas Real Estate Executives | |||
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Come see this wonderful 20 acre property in East Texas! The home is 1767sf with 3 bedrooms and 2 baths along with a dining or office space. The living features a wood burning fireplace and is open to the kitchen. The shop is 1800sf with a roll up door and 2 pass through doors on a concrete slab with electric and steel frame. There is a well on property that needs some work but would be great for irrigation or animals. Roof was replaced in 2017 and HVAC in 2018. Come see this property today!! A great country setting close to town!! The manager has listed the unit size as 1767 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017