745 Lima St
About This Property
1st Program, Access Grant: Wells Fargo gives $10,0000 toward the buyer of the home and the seller with the purchase of their new home. Biggest qualifier is that the home must qualify. customer must have a maximum qualifying income less than $210,150 per year (or $17,512.50 per month) & have a minimum fico score of 620. Also, must be primary residence.
2nd Program the Dream Plan Home: Wells Fargo gives up to $5,000 for a closing cost credit that can be used toward one-time closing cost such as origination cost, appraisal fee, processing fees, title related fees, recording fees, etc. (the credit does not cover down payment, prepaids, or recurring cost like property taxes and homeowners insurance). To qualify for the closing cost credit, buyer must have a qualifying income less than $112,080 (or $9,340 per month)customer must have a have a minimum fico score of 620. Closing cost credit can't be 100% confirmed until underwriter looks at the file . Also, must be primary residence. If the buyer's qualifying income is under the max qualifying income there is a great chance they qualify for the grant and if they make less than $112,080, they also can qualify for the closing cost credit potentially & get 10k for down payment assistance & 5k toward closing cost. This applies to the new buyer of the property and the seller as well when they move to their next home. It's AMAZING & might sound too good to be true but it is true.
CONTACT: Erik Venning
[email protected]
480-861-4288
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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 10, 2026 | Price Decreased |
$339,990
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Dec 27, 2025 | Listed by Real Broker, LLC DBA Real | $345,000 | |
| Listed by Real Broker, LLC DBA Real | |||
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by Real Broker, LLC DBA Real | $339,700 | |
| Listed by Real Broker, LLC DBA Real | |||
| Oct 24, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017