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24711 Devonport Circle
About This Property
Step inside to a bright and inviting floor plan featuring soaring ceilings, large windows, skylights, and an abundance of natural light throughout. The updated kitchen opens to the living spaces and features French door access to the backyard, creating an easy flow for everyday living and entertaining.
Three sets of French doors enhance the indoor-outdoor lifestyle-one from the kitchen to the backyard, one from the primary bedroom, and another from the office/flex space leading to the side yard. The versatile office can also offer flexibility for those looking for additional bedroom space.
Surrounded by mature trees and lush landscaping, the home feels remarkably private from nearly every direction. The generously sized backyard offers plenty of room to relax and entertain, along with a variety of mature fruit trees that add to the charm of the outdoor space.
Additional highlights include a spacious primary suite with direct outdoor access, a two-car garage with private driveway, recently serviced roof, and a highly functional layout with impressive ceiling height throughout.
Located within the Saddleback Valley Unified School District and close to shopping, dining, parks, and everyday conveniences, this lovely Falcon Hill home offers a rare combination of privacy, natural light, indoor-outdoor living, and a peaceful neighborhood setting.
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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 7, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Latitude 33 Real Estate | $1,350,000 | |
| Listed by Latitude 33 Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017