3106 Devon Avenue
About This Property
Upstairs, you'll find three comfortable bedrooms and two full baths, including a stylish en-suite in the primary bedroom for added comfort and privacy. The lower level offers even more flexibility, with a large den perfect for a home office or guest space, along with its own full bathroom and laundry area.
Beyond the beautiful cosmetic upgrades, many important improvements have been taken care of, too. Boasting new windows, new siding, updated plumbing, a brand-new oil burner, and new central air to keep you cool during the summer. A one-car garage adds convenience and additional storage.
Outside, the yard provides plenty of room to relax, garden, entertain, or simply unwind at the end of the day. With plenty of updates and every space refreshed with care, this is a home you can move right into and truly enjoy from day one.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017