40 W Devon Avenue
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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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Garry Real Estate | $429,896 | |
| Listed by Garry Real Estate | |||
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Beautifully updated ranch with full basement less than a mile from downtown Roselle! Light & bright eat-in kitchen features brand new stainless steel appliances, recessed lighting, skylight, brand new white shaker style cabinets, quartz countertops, and mosaic tile backsplash. Bonus sunroom off of kitchen has heat AND A/C ~ Enjoy all year round! Cozy family room complete with new recessed lighting and hardwood floors. All 3 bedrooms upstairs with hardwood flooring, new ceiling fans and fresh paint. Main bathroom complete with dual sink vanity, bluetooth speaker fan, and oversized porcelain tile shower. Basement features updated 2nd full bathroom, large laundry room with tons of storage, and family room. Other features/upgrades include: Newer washer & dryer, new tankless water heater, fresh paint & flooring throughout. Fabulous location ~ Roselle has much to offer including nice downtown area with dining & shopping, great outdoor trails/paths, easy access to I-390, Turner Park, metra train and award-winning schools.
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| Dec 14, 2023 | Sold | ||
| Sold | |||
| Dec 11, 2023 | Listed by RE/MAX All Pro | $285,000 | |
| Listed by RE/MAX All Pro | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017