509 Lemon STREET
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 29, 2025 | Listed | $95,000 | |
| Listed | |||
| | |||
|
Welcome to 509 Lemon St. This property is a blank canvas, ready for someone to remodel or demolish and rebuild to create their vision. A large lot conventionally located close to banks, restaurants, grocery stores, doctors and clinics, major attractions, highways, and main roads. Legoland is only 11.2 miles away. Publix is 1.1 miles away. The Winter Haven Regional Airport is only 3.4 miles away. Disney, Orlando, Tampa Bay, and so much more are a moderate drive away. Seller expresses that on the west side of the house, facing it from Lemon St., has some concrete foundation with plumbing. Buyer and buyer's agent to verify any and all information. No access permitted to building due to potentially unsafe and hazardous conditions.
| |||
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by ORCHID REALTY TEAM INC | $120,000 | |
| Listed by ORCHID REALTY TEAM INC | |||
| Mar 1, 2016 | Sold | ||
| Sold | |||
| Feb 15, 2002 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017