35937 Devonshire Lane
About This Property
From the moment you arrive, you'll be captivated by the inviting curb appeal. Step inside to find a formal living and dining room, creating a grand first impression. A generously sized den provides flexibility as a home office, media room, or even a potential fourth bedroom.
The heart of the home is the open-concept kitchen, which flows seamlessly into the breakfast nook and spacious family room-ideal for gatherings and entertainment. The expansive master suite is a true retreat, featuring a walk-in closet, en suite bath with dual sinks, a walk-in shower, and a separate soaking tub for ultimate relaxation. The two additional bedrooms are well-sized, and the guest bathroom also offers dual sinks for added convenience.
A dedicated laundry room inside the home adds to the thoughtful layout. Step outside into the private backyard, where two covered patio areas-one built-in stucco patio cover and a standalone Alumawood patio cover-create the perfect setting for al fresco dining and outdoor enjoyment.
This home is in its original form, making it a blank canvas for a creative new homeowner to bring their vision to life. Located in a wonderful neighborhood, it offers easy access to the 15 and 215 freeways and is just minutes from dining, shopping, and schools.
Don't miss this incredible opportunity to own a spacious and well-located home-ready for you to make it your own!
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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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Localist Realty | $625,000 | |
| Listed by Localist Realty | |||
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About Wildomar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017