535 W Lemon
About This Property
The thoughtfully designed floor plan features a bright living room with high ceilings and crown molding, formal dining area, well-appointed kitchen, and a convenient main-level bedroom with a full guest bathroom featuring a walk-in shower. Sliding glass doors from the dining area open to a private patio, creating an inviting space for outdoor dining, entertaining, or relaxing.
Upstairs, the spacious primary suite offers a walk-in closet and private bath with a Jacuzzi-style soaking tub. The second upstairs bedroom also features a walk-in closet and its own private bathroom with a tub/shower combination. A conveniently located upstairs laundry room adds to the home's functionality.
Additional features include central air conditioning, window treatments, and direct access to an oversized two-car garage.
Offering a comfortable floor plan, desirable amenities, and the privacy of gated-community living, this immaculate home is ready to welcome its new owner.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Relisted | $899,000 | |
| Relisted | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Price Decreased |
$899,000
↓ $57K
(6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017