5557 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 |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Listed by CHAMPIONS REAL ESTATE | $799,900 | |
| Listed by CHAMPIONS REAL ESTATE | |||
| Oct 23, 2025 | Listed | $789,900 | |
| Listed | |||
| | |||
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Absolutely stunning FULLY REMODELED single family residence with a FULLY PERMITTED DETACHED ADU! Both the front house and the ADU have a BRAND NEW ROOF are extremely spacious and beautifully laid out and have a total of 3 bedrooms and 3 full bathrooms. The main house has 2 bedrooms, 2 full bathroom and is approximately 900 square feet. It is also important to note there is also a LARGE 2 CAR DETACHED GARAGE off the main house. As you enter the home you will come across gorgeous brand new laminate wood flooring throughout the entire property along brand new tile and vanities in each bathroom. Next you are immediately drawn to the upgraded primary kitchen featuring beautiful quartz countertops and brand new shaker cabinets. Continuing to make your way through the home, you’ll discover each bedroom is very generous in size and they all offer an ample amount of closet space. The DETACHED ADU has its own PRIVATE ENTRANCE and SEPARATE ADDRESS (5557 Lemon Ave 1/2) and is an extremely large totaling approximately 500 square feet with 1 bedroom 1 full bathroom and is fully equipped with a FULL SECOND KITCHEN! This property is conveniently located near schools, shopping, parks and freeways, this one is definitely a MUST SEE! Priced to sell, it’s going to go quickly so schedule a tour today!
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| Jun 27, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017