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4 Devonshire Lane
About This Property
Bring your vision to 4 Devonshire Lane, a 3-bedroom, 2-bath home offering a living room, dining room, kitchen with breakfast area, an unfinished basement, and a one-car attached garage. An opportunity for builders or buyers looking to create a dream home! Bring your vision and explore the potential to build a new home on this property, subject to all required approvals.
Located in the Village of Great Neck, with access to all the Great Neck Park District amenities, including Olympic sized pool, ice-skating rink, indoor/outdoor tennis, pickleball, boating marina and the famous Steppingstone Park.
Property is being sold strictly "AS IS." No interior access will be permitted. The property is currently occupied. Please respect the owner's privacy and DO NOT WALK THE PROPERTY WITHOUT PRIOR EXPRESS PERMISSION. Owner requests all offers be submitted by 5 pm on November 8th including pre-approval, proof of funds, terms and conditions.
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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 |
|---|---|---|---|
| Nov 5, 2026 | Listed by Keller Williams Rty Gold Coast | $1,000,000 | |
| Listed by Keller Williams Rty Gold Coast | |||
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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017