1
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109 DEVOE Street #PH
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | No longer available | - | |
| No longer available | |||
| Feb 4, 2026 | Listed by Douglas Elliman Real Estate | $2,795,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2026
|
2 Bed
|
2 Bath
|
1203 ft²
|
$1,950,000
2 Bed
2 Bath
1203 ft²
|
$1,950,000
06/10/2026
|
Jessica Peters
Elliman
| |
|
02/04/2026
|
3 Bed
|
2 Bath
|
-
|
$2,795,000
3 Bed
2 Bath
|
$2,795,000
06/04/2026
|
Jessica Peters
Elliman
| |
|
01/20/2026
|
2 Bed
|
2 Bath
|
-
|
$1,995,000
2 Bed
2 Bath
|
$1,995,000
06/05/2026
|
Jessica Peters
Elliman
|
Building Info
- 2 Units
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017