502 W Lemon Avenue
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | No longer available | - | |
| No longer available | |||
| Oct 28, 2024 | Listed by JC Pacific Corp. | $2,680,000 | |
| Listed by JC Pacific Corp. | |||
| | |||
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Beautiful custom home in Baldwin Stocker area. Stunning floor plan with 5 bedrooms and 5.5 bathrooms, nearly 10,000 square feet, spacious indoor and outdoor space, perfect for large family.
Double-height grand foyer with chandelier and marble flooring. Living room with cozy fireplace. Airy formal dining room with recessed lighting. Plenty of cabinet storage, double kitchen for both Chinese and Western cooking. Spacious breakfast nook with wet bar. Large family space with direct access to beautiful backyard where the family can fully enjoy quiet and planting pleasure. Downstairs has office and 1 bedroom. Upstairs has 4 bedroom suites, each with ample closet space. Master suite with double doors, balcony, 2 walk-in closets and jacuzzi, wet bar with small refrigerator.
Secure automatic electric gate in front yard, large parking lot and garage for 3 cars. Arcadia community is very quiet street, close to excellent Baldwin Stocker Elementary School, enjoys the resources of the famous award-winning school district. Convenient to the plaza, restaurants, banks, parks, Arcadia shopping center. The community environment with many luxury houses and high-quality neighbors has greatly increased the value of the property, which is definitely the first choice for mature immigrant communities. The property needs some renovation, but it is definitely worth the value! Mature buyers with investment vision should not miss it!
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| Feb 7, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2017 | Listed by Coldwell Banker Dynasty Arc. | $2,280,000 | |
| Listed by Coldwell Banker Dynasty Arc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017