9205 Lemon Avenue
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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed by Empire Real Estate Consultants | $1,100,000 | |
| Listed by Empire Real Estate Consultants | |||
| | |||
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Extraordinary single-story home located in the western foothills of Mt. Helix. This turn-key 2-bedroom 2-bath home will not disappoint even the most discriminating buyer. As soon as you enter, you will notice the beautiful hardwood floors and the high quality of upgrades throughout the home. The expansive primary bedroom suite includes a sitting area where you can enjoy a movie, or take your time getting your day started. The closets in the primary bedroom are upgraded to include custom glass mirrored doors and a closet organizer system. You’ll notice the solid wood interior doors and custom cabinetry throughout the home. Plantation shutters throughout give a soft-light mood to the entire home. Other quality upgrades include Milgard windows, Dutch door from kitchen to veranda, a whole-house fan, security screen entry door, crown molding, water purification system and more. The kitchen has a European flare with custom upgrades like Cambria quartz counter tops and Restoration Hardware fixtures that add punctuation and flare. The large living room boasts French doors leading to the veranda and pool area. The veranda is enclosed with a locking railing for added security near the pool. The pool house has big potential to be used for out-of-town guests, an adult child home from college, a home office or a place for the grandkids to enjoy. The pool house is not included in the square footage of the home. The outside pool shower is a convenient feature that every homeowner will appreciate. The pool has a saltwater system, and the fountains and lights will make this home a hit for entertaining guests. The front and rear yards reflect manicured landscaping with low-flow and drip irrigation. Off-street parking includes a secured area for an RV. No detail has been overlooked. This house is the perfect blend of modern elegance and a careful restoration of the home’s most beautiful original features.
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| Feb 28, 2014 | Sold | ||
| Sold | |||
| Oct 8, 2013 | Listed by Orgel Realty & Mortgage Co | $449,900 | |
| Listed by Orgel Realty & Mortgage Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017