638 Lemon Drive
About This Property
own a fully renovated 4-bedroom, 3-bathroom home offering 1,747 sq ft of modern comfort and thoughtful design. Perfectly located near Arlington Airport and Six Flags, this stunning two-story home blends style, function, and convenience. Step inside to find soaring vaulted ceilings in the living room, creating a bright and spacious atmosphere ideal for entertaining or relaxing. The fully updated kitchen features sleek finishes, new appliances, and ample cabinet space - a dream for any home chef. The primary suite is conveniently located downstairs and includes a beautifully renovated en-suite bath with contemporary fixtures and finishes. Upstairs, a private suite offers the perfect setup for an older child, guest retreat, or even a quiet home office. Enjoy outdoor living with a private backyard, and take advantage of a spacious 2-car garage for parking and storage. This home is truly turnkey - all that's missing is you. Schedule your private showing today before this rare find is gone!
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$334,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$344,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 5, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017