617 Lemon STREET
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%.
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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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by DALTON WADE INC | $204,000 | |
| Listed by DALTON WADE INC | |||
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Nestled on a huge fully fenced in .39 acre corner lot , this charming property boasts a thoughtfully designed layout, with two cozy bedrooms, one of which features an adjoining room ripe for conversion into a third bedroom, providing flexibility to suit your needs. Step into the updated bathroom, where relaxation awaits in the luxurious Jacuzzi tub.
Embracing a comfortable lifestyle, the floorplan seamlessly flows through a separate family room, living room, and convenient inside laundry area. Brand new vinyl plank flooring has been added. Additionally, there's a versatile bonus room measuring approximately 19x11, offering a bonus space that's not included in the main heated and cooled area, yet kept comfortable with a window AC unit. A second bonus room (the one off the main bedroom), approximately 11x10, presents itself as a blank canvas, ideal for storage or crafting endeavors.
Step outside to discover your sprawling backyard, with a practical storage area attached to the back of the house perfectly complemented by two sizable sheds, both with electricity—one measuring approximately 10x30, the other approximately 20x20—providing ample space for tools and outdoor gear.
Parking is abundant, catering to those with multiple vehicles or frequent guests. Conveniently located, this home offers both comfort and accessibility, inviting you to explore the endless possibilities it presents.
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| Sep 23, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by WEBPRO REALTY, LLC | $169,900 | |
| Listed by WEBPRO REALTY, LLC | |||
| Dec 22, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017