18241 Devonwood
About This Property
Welcome to this stunning, move-in ready home located in the highly desirable Award Estates community in the heart of Fountain Valley. Boasting nearly 2,900 sq ft of living space, this spacious residence features 4 generously sized bedrooms, soaring pitched and beamed ceilings, and an abundance of natural light streaming through upgraded vinyl windows.Enjoy the warmth and character of two fireplaces-one in the formal living room and another in the expansive family room, which seamlessly connects to the beautifully remodeled open-concept kitchen. The kitchen is equipped with sleek stainless steel appliances, offering both style and functionality for the home chef. Situated on a large lot, the backyard offers a peaceful retreat with mature fruit trees and ample space for outdoor entertaining, gardening, or relaxing with family and friends.With tasteful, modern updates throughout and located in a prestigious neighborhood known for its pride of ownership, this home combines comfort, elegance, and an unbeatable location. Don't miss this rare opportunity to own a truly exceptional property in Award Estates!
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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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Trust Properties USA | $1,875,000 | |
| Listed by Trust Properties USA | |||
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About Fountain Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017