1514 Devonshire Drive
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $289,900 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
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You do not want to miss out on this delightful home with many recent upgrades! As you step through the entry way you will be drawn into the spacious living room with vaulted ceilings, skylights and a cozy fireplace. Step through the dining area into the kitchen boasting white cabinets and Elite stainless appliances. First floor laundry, one full bedroom and one full bath make up the rest of the main level. Head upstairs and you will find a loft, perfect for a home office or sitting area, as well as 2 bedrooms including the master and another full bath. Enjoy your private deck in the fully fenced in backyard with a garden shed in addition to the two car garage. Solar Panels installed in 2023 have reduced the electric bill to only $10 per month and will be paid off by closing. New roof in 2021 and an active radon mitigation has also been installed. Perfect location with access to the nearby lake and a short trip away from restaurants and shopping. See HD photo gallery and full 3D tour. Pre inspected for buyers convenience.
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| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Metro Realty Inc. | $239,900 | |
| Listed by Metro Realty Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017