118 E McDevitt Avenue
About This Property
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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 |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Real Broker LLC | $159,800 | |
| Listed by Real Broker LLC | |||
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by ERA REARDON REALTY, L.L.C. | $126,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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Darling 2BR/1BA bungalow home that has been tastefully updated. New kitchen and bathroom. Beautiful new flooring and freshly painted. Lovely formal dining area. Clean basement that can easily be converted into additional living space. Home offers a double lot and fenced in side-yard is perfect for entertaining. 2.5 detached car garage. Seller is relocating for job. Home is grandfathered as residential but can go commercial zoning if desired.
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| Jan 27, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017