712 Lemon Ave
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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Listed by Compass | $799,000 | |
| Listed by Compass | |||
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Beautifully renovated 3-bedroom, 2-bath home that’s truly move-in ready, offering thoughtful improvements inside & out. The remodeled kitchen features quartz countertops & stainless steel appliances. Major system upgrades including a Newer Roof, Newer HVAC system, Solar & EV Charging Station. Property is zoned R-2 minor, allowing for additional SFR and ADU. The enclosed front courtyard adds charm and privacy, complete with a built-in fire-pit ideal for entertaining + concrete driveway, covered parking & EV charging station. The primary bedroom includes an en-suite bath with a sleek shower and glass door. Both bathrooms offer modern tile, updated sinks and brushed-nickel fixtures. Additional upgrades include newer roof, dual-pane windows, double pane windows, solar and more. Outdoor amenities continue to elevate the home’s appeal. The spacious backyard includes mature fruit trees—cocktail grapefruit, Valencia orange, three avocado (two Hass and one Reed), dragon fruit, and nectarine. The enclosed front courtyard adds charm and privacy, complete with a built-in firepit ideal for entertaining.
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| Apr 2, 2018 | Sold | ||
| Sold | |||
| Jan 11, 2018 | Listed by HomeSmart Realty West | $429,900 | |
| Listed by HomeSmart Realty West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017