105 Devonshire Drive
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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.
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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 |
|---|---|---|---|
| Jul 31, 2025 | Price Decreased |
$695,000
↓ $70K
(9.2%) | |
| Price Decreased | |||
| May 21, 2025 | Listed | $765,000 | |
| Listed | |||
| | |||
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Assumable 3% Low-Interest Mortgage (subject to lender approval) - An Exceptional Financing Opportunity! Experience the epitome of 1959 Mid-Century Modern elegance in this architecturally distinguished estate, perfectly situated on a lush 0.36-acre corner lot with beautifully landscaped, private grounds. This refined residence seamlessly blends historic character with modern luxury, offering a rare opportunity to own a timeless architectural masterpiece. Inside, every detail exudes craftsmanship and sophistication: ~Dramatic interior stone walls ~A captivating sunken living room ~Pristine terrazzo floors that reflect the era's artistry. The thoughtfully renovated gourmet kitchen features stainless steel appliances, granite countertops, and a built-in grill, ideal for entertaining in style. Impact-rated windows and doors provide added security, energy efficiency, and abundant natural light throughout. This move-in-ready sanctuary has been meticulously updated with a newer roof, blown-in insulation, and replaced sewer lines, ensuring both comfort and peace of mind.
Additional highlights include:
~A charming wood-burning fireplace for cozy evenings
~A sleek wet bar in the dining area, perfect for refined gatherings
~Expansive windows and a seamless indoor-outdoor flow that create a light-filled, inviting atmosphere for luxurious Florida living
Outdoors, the Serene Saltwater Pool extends the home's elegance into a private oasis, ideal for relaxation and entertaining. Surrounded by native Florida flora, and majestic palms, the lush landscape is maintained year-round by an irrigation well and sprinkler system.
Whether you're a vintage design aficionado or simply seeking a peaceful retreat with architectural distinction, this unique concrete block residence offers a perfect blend of original charm and thoughtful updates.
Centrally located, this exquisite home is just minutes from historic Downtown Melbourne, top-rated golf courses, premier shopping, and only four miles from pristine beaches.
Key Features:
~Assumable 3% low-interest mortgage (with approval)
~1959 Mid-Century Modern architecture
~Saltwater pool surrounded by lush landscaping
~Terrazzo floors, sunken living room, and stone walls
~Renovated kitchen with indoor grill
~Newer roof, updated sewer lines, and insulation
~Impact windows & doors for safety and efficiency
~Fireplace & wet bar for elegant entertaining
~Native flora, mature mango trees and eco-friendly irrigation
~Close to Downtown, shopping, golf, and beaches
A rare opportunity to own a distinguished home where timeless elegance, modern comfort, and Florida charm converge.
| |||
| Nov 19, 2020 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Fonda Fay's Global Realty, Inc | $324,000 | |
| Listed by Fonda Fay's Global Realty, Inc | |||
| Mar 12, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017