12038 DEVILWOOD DRIVE
About This Property
Meticulously maintained, move-in ready Colonial in sought-after Regent Park. Features include renovated bathrooms, hardwood floors, updated windows, and a fenced backyard with an extended patio-perfect for entertaining and play. The traditional floor plan offers a family room off the eat-in kitchen with updated appliances, plus a spacious living room, formal dining room, and flexible office or playroom.
Upstairs, you'll find two renovated bathrooms and custom built-ins in every bedroom. The finished lower level provides versatile living space, updated washer and dryer, and ample storage.
Conveniently located near the Montrose Rd exit off I-270, with easy access to grocery stores, restaurants, gyms, and everyday amenities.
**Regency Estate Swim Club membership certificate will convey with sale of the property.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017