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244 DEVOE Street #1B
About This Property
1B: Unleash your inner artist at the stylish and expansive 244 Devoe Street. This boutique, four-unit condominium is only a twenty-minute subway ride away from Manhattan and is a home decor lover's dream that offers expansive living areas, incredible square footage, and opportunities abound for the creation of your own personal oasis in your private outdoor space.
Enjoy contemporary, modern design of one of Brooklyn's most exciting new residences. Upon entering the ground floor unit, the bespoke floor-to-ceiling windows promise for gorgeous natural light throughout the day. Outside, a double-tiered garden terrace welcomes you to soak up the sun or relax in the shade and enjoy your private outdoor cooking station. Inside, the open floor plan, built-in speaker system, and a full-sized kitchen equipped with Fisher & Paykel and Bosch appliances - perfect for hosting!
With two king-sized bedrooms and two and a half baths, you'll have plenty of room to spare or share. Both generously sized bedrooms have a true primary bedroom feel and feature closets with custom built-in shelving. The two full bathrooms contain modern LED mirrors and spacious showers, heated flooring, and jacuzzi tubs; while the half bath downstairs sits right off your private recreation room. Whether wanting an in-home office or a private yoga studio, the downstairs offers an incredible opportunity for those looking to find some much-needed extra space in their lives and offers direct access to your outdoor sanctuary.
With a full-sized washer and dryer in-unit: We wouldn't blame you if you never wanted to leave.Located steps away from Cooper Park, 244 Devoe Street is located in the heart of East Williamsburg. This legendary neighborhood is home to plenty of greenery, fascinating bars and restaurants such as Reclamation Bar and Newtown, and the incredible artistic spirit of Williamsburg. 244 Devoe Street offers both opportunity and style to those ready to claim their own slice of Brooklyn.
This is not an offering. The complete offering terms can be obtained from the sponsor CD21-0300
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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.
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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 |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jun 28, 2022 | In contract | - | |
| In contract | |||
| May 29, 2022 | Listed by In House Group | $1,900,000 | |
| Listed by In House Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/01/2022
|
2 Bed
|
2 Bath
|
-
|
$1,699,000
2 Bed
2 Bath
|
$1,699,000
10/27/2022
|
Virginia Incalcaterra
The In House Group
| |
|
07/21/2022
|
2 Bed
|
2 Bath
|
970 ft²
|
$1,499,000
2 Bed
2 Bath
970 ft²
|
$1,499,000
10/27/2022
|
Virginia Incalcaterra
The In House Group
| |
|
05/29/2022
|
2 Bed
|
2 Bath
|
1308 ft²
|
$1,649,999
2 Bed
2 Bath
1308 ft²
|
$1,649,999
10/27/2022
|
Virginia Incalcaterra
The In House Group
| |
|
05/29/2022
|
2 Bed
|
3 Bath
|
1789 ft²
|
$1,699,000
2 Bed
3 Bath
1789 ft²
|
$1,900,000
+11.83%
09/30/2022
|
Virginia Incalcaterra
The In House Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017