9720 LEMON DROP LOOP
About This Property
From the moment you walk in, your eye is drawn straight through the home to the exceptionally large covered and screened-in lanai. Finished with brick pavers, this space feels like a true extension of the main living area and creates an easy, cozy and comfortable indoor-outdoor flow that works well for everyday living and entertaining. The fully fenced and landscaped backyard provides privacy, room for pets to roam, and plenty of space remaining if you'd like to add a pool in the future.
Inside, the main floor has a modern clean, open layout with the kitchen, dining, and living areas connected in a way that feels both spacious and functional. The kitchen is well laid out with stainless steel appliances, granite countertops, a large center island, espresso cabinets with under-cabinet lighting, and a light custom stone backsplash, making it a comfortable roomy space for daily meals or hosting friends and family. The rooms throughout the home are open and well sized, with natural flow from one space to the next.
Upstairs you will find 4 large bedrooms along with a versatile loft that works well as a home office, media room, or extra living space. The owner's suite is generously sized and includes a private bathroom with an updated custom classy glass shower door and a spacious walk-in closet. A conveniently located upstairs laundry room helps keep daily routines simple and organized.
Additional features include laminate wood plank flooring throughout the entire home with no carpet anywhere, custom accent painted walls, upgraded lighting fixtures, ceiling fans, keyless entry, hurricane shutters, a Ring doorbell, and a 2-car garage providing both parking and storage.
Belmont is a well-planned community offering amenities such as a community pool, playground, tennis and basketball courts, walking trails, and a clubhouse, all contributing to a comfortable, connected neighborhood feel while remaining close to everyday conveniences.
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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 |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$359,900
↓ $9K
(2.5%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by 27NORTH REALTY | $369,000 | |
| Listed by 27NORTH REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017