126 Devany Road
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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2026 | No longer available | - | |
| No longer available | |||
| Aug 26, 2025 | Listed by R New York | $1,250,000 | |
| Listed by R New York | |||
| |||
|
Exceptional Development Opportunity – 12.55 Acres in Swan Lake, Liberty/Ferndale
An incredible opportunity awaits in the heart of Sullivan County! This 12.55-acre property (546,678 SF) offers endless potential, whether you envision building a community of homes, recreational areas, schools, campgrounds, or resorts—or creating your own private estate complete with a swimming pool, tennis courts, horse stables, or even a golf course.
Property Highlights:
Three subdivided lots with RD1 zoning
Survey available for review
Two wells (one active, one abandoned)
Private pond measuring approximately 100’ x 75’
10+ fruit-bearing trees (apple, pear, and more)
5,000+ maple trees located in a section that does not interfere with development
Clearing completed with internal unpaved access
Prime Location:
Less than 2 hours from Manhattan
6-minute walk to Hillcrest Estates Bungalow Colony
10-minute drive to supermarkets, ShopRite, Home Depot, post offices, and additional shopping destinations
This highly sought-after area has a vibrant history and continues to thrive, with strong demand from investors and developers. Whether you’re seeking a personal retreat or a major building project, this property offers the perfect canvas for your vision.
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| May 8, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2022 | In contract | - | |
| In contract | |||
| Oct 3, 2022 | Relisted | $120,000 | |
| Relisted | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Sullivan
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,500 /mo
- 2 Beds
- 1 Bath
- 900 ft²
$1,650 /mo
- 2 Beds
- 1 Bath
- 650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017