4 Devon Place
About This Property
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Cap Rate Calculator
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 1, 2012 | Sold | ||
| Sold | |||
| Nov 10, 2011 | Listed by Van Dyk Group | $149,900 | |
| Listed by Van Dyk Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2014
| |
Loft
|
2 Bath
|
1224 ft²
|
$169,500
Loft
2 Bath
1224 ft²
|
$165,000
-2.65%
03/20/2015
|
Dawn Rainforth
Coldwell Banker Riviera Realty
|
|
11/10/2011
| |
2 Bed
|
2 Bath
|
1224 ft²
|
$149,900
2 Bed
2 Bath
1224 ft²
|
$127,500
-14.94%
03/01/2012
|
Albert Bille
RE/MAX at Barnegat Bay - Forked River
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017