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Map
171 Devoe Street #3F
About This Property
Thoughtfully designed and well laid out this 1 bedroom / 1 bathroom has it all. The open floorplan has a beautiful Nolte kitchen that highlights stainless steel appliances and a built in refrigerator. The vented washer and dryer is seamlessly tucked into its own designated closet that flows with the rest of the European cabinetry. All your favorite details are checked off the list with wide white oak hardwood floors, central air, and (of course) oversized Pella windows.
The bedroom is large enough for a queen sized bed and with dreamy tree-lined block facing windows - this space is the picture of serenity. The bathroom is well equipped with a deep soaking tub, tons of storage, radiant floor heating and a towel heater in true spa fashion! The cherry on top of this beautiful apartment is the over-sized balcony overlooking Devoe Street - a well manicured block only a few seconds from the train and all the amenities Graham Avenue has to offer.
The building has a shared roof deck with views of Manhattan sunsets. The unit comes with a designated storage unit in the basement.
The corner of Williamsburg is home to many famous hot spots: Grass Roots Juicery, Mesa Coyacan, Meat Hook, Artist & Craftsman Art Shop, Fortunato Brothers, Destefanos, Blue Stove Bakery, and way too many more to count.
The complete offering terms are in an offering plan available from the sponsor. File #: CD18-0173 The 171 Devoe Street Condominium Offering Plan.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 3, 2020 | No longer available | - | |
| No longer available | |||
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | In contract | - | |
| In contract | |||
| Jul 28, 2020 | Listed by The Corcoran Group | $695,000 | |
| Listed by The Corcoran Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2020
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$685,000
-1.44%
10/02/2020
|
Daniel Cohen
Corcoran Group
| |
|
11/06/2019
|
2 Bed
|
3 Bath
|
1445 ft²
|
$1,400,000
2 Bed
3 Bath
1445 ft²
|
$1,400,000
06/01/2020
|
Esther Patten
Compass
| |
|
10/04/2019
|
2 Bed
|
2 Bath
|
1081 ft²
|
$1,425,000
2 Bed
2 Bath
1081 ft²
|
$1,305,000
-8.42%
06/18/2020
|
Esther Patten
Compass
| |
|
10/01/2019
|
2 Bed
|
1 Bath
|
743 ft²
|
$950,000
2 Bed
1 Bath
743 ft²
|
$967,338
+1.83%
05/19/2020
|
Yuval Vidal
Compass
| |
|
09/18/2019
|
1 Bed
|
1 Bath
|
492 ft²
|
$615,000
1 Bed
1 Bath
492 ft²
|
$646,589
+5.14%
05/11/2020
|
Esther Patten
Compass
| |
|
09/18/2019
|
1 Bed
|
1 Bath
|
525 ft²
|
$646,589
1 Bed
1 Bath
525 ft²
|
$646,589
05/13/2020
|
Esther Patten
Compass
| |
|
12/06/2016
|
3 Bed
|
1 Bath
|
1600 ft²
|
$1,595,000
3 Bed
1 Bath
1600 ft²
|
$1,315,000
-17.55%
03/28/2017
|
Rocki Barska
Native Real Estate LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017