10906 DEVIN PL
About This Property
The foyer opens to a spacious floor plan that includes a sunken living room with a fireplace, dining room, kitchen, office or bedroom and full bath. The sliding glass doors lead you to a large backyard with a beautiful stone patio perfect for grilling and entertaining.
The designer kitchen showcases stainless steel appliances, quartz countertops with striking backsplash, a center island with pendant lighting, and a pantry with ample storage space.
The upper level features a primary bedroom and ensuite bath, 2 additional bedrooms and 1 Jack & Jill full bath. The relaxing primary suite includes a walk-in closet and full bath with a double sink vanity, frameless shower and soaking tub. Two additional bedrooms and one full bath complete the top floor with an open loft and covered balcony to watch the night sky. The laundry has a side-by-side washer and dryer and extra storage too!
The home has two zones for heating and cooling and two 40-gallon water heaters. New roof, new HVAC, new appliances, new lighting and ceiling fans and gorgeous hardwood flooring.
The Kensington Heights neighborhood offers the best in modern living with easy access to unique local shops and dining experiences with travel options by bus and Metro for an easy commute to Washington, DC and surrounding areas.
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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.
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About North Kensington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017