11
Map
7140 Lemon Tree Lane
About This Property
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | Listed by JPAR EP (869) | $196,000 | |
| Listed by JPAR EP (869) | |||
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by JPAR | $127,000 | |
| Listed by JPAR | |||
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This property is an Investor's Dream with endless potential! Centrally located in the heart of El Paso, it offers convenient access to schools, shopping centers, and major highways, making it an ideal spot for anyone looking to invest or create their perfect home.
With a little TLC, this property's full potential can be unlocked. Whether you're envisioning a complete renovation, personal customization, or a new rental opportunity, this home provides a blank canvas for your creativity and vision.
Opportunities like this don't come around often. Don't miss your chance to transform this property into something truly special. Schedule a showing today and see the possibilities for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017