9909 Lemon Avenue
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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%.
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Chris Beason Realty | $1,350,000 | |
| Listed by Chris Beason Realty | |||
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This Modern Contemporary Custom-built home in the Exclusive Mount Helix neighborhood, directly across from Lake Helix Estates, offers an exceptional living experience. Built in 1989, this three-story residence features decks from every room, providing refreshing westerly breezes and stunning views of the lake and surrounding greenery. Complete with PAID SOLAR,Tesla Electric Vehicle Charger, WiFi garage and front doors. The gourmet kitchen is a highlight, featuring SS appliances, an electric dumbwaiter, a closet pantry, new LED recessed lighting, large island, & dining area with picture window. A wall of sliding glass doors opens to the spacious patio deck right off of the kitchen and dining area, perfect for entertaining. The property features a striking red brick entrance with an electric security gate, leading to a long driveway made of approx, 35,000 red bricks, complemented by a seasonal stream that flows through the .56-acre lot. The expansive living room offers exceptional indoor/outdoor living and an custom cedar lined sauna with an adjoining half bath. The master suite features a luxurious spa tub and a large shower with a garden view, walk-in closet, and deck with mountain and lake views. The backyard seasonal stream during rains adds serenity. This exceptional home has been recently upgraded- Fresh interior paint and some exterior paint, new Luxury vinyl plank flooring throughout, LED recessed lighting & ceiling fans, & refreshed bathrooms. Oversized finished 2 car garage and plenty of driveway parking. Close to restaurants, shopping, and the 8 & 125 freeways!
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| Aug 20, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017