2
Map
$1,495,000
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House -
Off Market
311 Devoe Street
Brooklyn, NY 11211
Studio
0 Bath
2,500 Ft²
$7,534
Est. Monthly
2.87%
Cap Rate
About This Property
311 Devoe Street is a charming single family oasis located in
Brooklyn's, East Williamsburg section of New York. Nestled in an
area with rich history and charm, 311 Devoe Street offers a great
location along with a plethora of stories to tell. From the
neighborhood's days as horse stables to some of the inhabitants it
housed, this area is brimming with a number of curiosities.
In addition to it's rich past and history 311 Devoe Street also offers a glimpse of the future as it is located in an up and coming section of Brooklyn where development has only recently begun to explore it's boundaries. With an additional 1,400 square feet of unused FAR, 311 Devoe Street is an excellent opportunity. The multi faceted appeal of this property lends itself to be equally appealing to the developer looking to put his shovel in the ground, the investor looking to diversify his portfolio or the family looking to settle their roots in a space that can grow as they grow.
In addition to it's rich past and history 311 Devoe Street also offers a glimpse of the future as it is located in an up and coming section of Brooklyn where development has only recently begun to explore it's boundaries. With an additional 1,400 square feet of unused FAR, 311 Devoe Street is an excellent opportunity. The multi faceted appeal of this property lends itself to be equally appealing to the developer looking to put his shovel in the ground, the investor looking to diversify his portfolio or the family looking to settle their roots in a space that can grow as they grow.
Unit Size
2,500 Ft²
Days on Market
73 days
Land Size
0.06 acres
Price per sqft
$598
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1910
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 12 months ago (RLS #RLS10953324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2023 | Listed by Modern Spaces | $1,495,000 | |
| Listed by Modern Spaces | |||
| | |||
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311 Devoe Street is a charming single family oasis located in Brooklyn's, East Williamsburg section of New York. Nestled in an area with rich history and charm, 311 Devoe Street offers a great location along with a plethora of stories to tell. From the neighborhood's days as horse stables to some of the inhabitants it housed, this area is brimming with a number of curiosities. In addition to it's rich past and history 311 Devoe Street also offers a glimpse of the future as it is located in an up and coming section of Brooklyn where development has only recently begun to explore it's boundaries. With an additional 1,400 square feet of unused FAR, 311 Devoe Street is an excellent opportunity. The multi faceted appeal of this property lends itself to be equally appealing to the developer looking to put his shovel in the ground, the investor looking to diversify his portfolio or the family looking to settle their roots in a space that can grow as they grow.
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Minas Styponias
Listing Courtesy of Modern Spaces
Last Updated: 12 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Modern Spaces
Last Updated: 12 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2026 Real Estate Board of New York)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017