2 Devon Court
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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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Listed by Realty Executives Elite | $850,000 | |
| Listed by Realty Executives Elite | |||
| Jul 27, 2023 | Listed by Realty Executives Elite | $875,000 | |
| Listed by Realty Executives Elite | |||
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Brand new to the market in the highly regarded Devon subdivision of upscale Burr Ridge is this striking, custom masterpiece situated on a picturesque cul-de-sac lot. This impressive home is adorned by lush, colorful landscaping & expansive greenery. As you walk up to the front door you are greeted by an elegant two-story stone archway complementing the timeless, all brick exterior. You are welcomed into the home through the new front door into the elegant two-story foyer with marble flooring, curved hardwood staircase & crystal chandelier. Adorning either side of the foyer are the formal living & dining rooms, both designed for entertaining with ease. Custom wainscoting was added for an elegant look in the living room & office. The kitchen has an abundance of 42" shaker-style Maple cabinetry with crown molding, built-in pantry cabinets, granite countertops, stainless steel appliances, oversized Porcelain tile floors, custom island with seating & storage drawers, recessed lighting, & sliding glass doors to backyard deck. This home was designed for effortless entertaining with a kitchen that flows seamlessly into the family room with vaulted ceilings with wood beams, two-sided floor-to-ceiling brick fireplace, bar with sink & added cabinets, & gleaming hardwood floors. On the other side of the kitchen is the main floor bedroom with shared full bathroom, perfectly situated on the main floor for guests or related living. No compromise needed here, as this home was thoughtfully designed with an additional room on the main floor to be used as an office or study, with built-in bookcases & sunshine pouring in through the six total windows. The main floor also features a spacious laundry room with tons of added cabinets plus a walk-in closet & additional powder room. Accessing the second floor from either staircase - one in the foyer & one in the family room - you are led upstairs to the incredible primary suite, three additional large bedrooms, & expanded hallway with two catwalks. The spacious primary suite features a sitting room (would be perfect as an additional office or nursery), a private balcony overlooking the park-like backyard, full bathroom with tiled step-in shower with glass doors, split vanity with double sinks, soaking tub with jets, walk-in closet with organization, additional closet with laundry hookup for the potential to add a second floor washer & dryer, & two additional cedar-lined closets for more organization. The second bedroom features an en-suite private bathroom & the two other bedrooms share a spacious Jack & Jill bathroom. All bedrooms have walk-in closets with built-in organization. The finished basement offers another full level of living space (~1,600 sq. ft.) with a huge rec room, custom wet bar with seating, granite countertops & beverage cooler, full bathroom, bonus room, & storage room with easy access to mechanicals. The spacious three car garage has additional work / storage space, epoxy floors, hookup for an EV charger (Tesla charger does not stay) & windows for added light. This home has been impeccably maintained by only one owner & also features a newer tear off, architectural shingle roof (2015), new concrete driveway (2022), new exterior doors (2022), dual zoned HVAC system with one newer set of furnace & A/C (2016), brand new tankless water heater (2023), newer washer & dryer (2021), & deck recently painted (June 2023). This residence sits on a gorgeous, near half acre lot offering plenty of backyard space & privacy. Close to abundant shopping & dining options, highly rated schools, forest preserves, nature trails & world-renowned golf courses - all within 30 miles of Chicago. You will not want to miss this incredible opportunity! The manager has listed the unit size as 4554 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017