405 Glendevon Drive
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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%.
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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 |
|---|---|---|---|
| Apr 17, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Redfin Corporation | $839,900 | |
| Listed by Redfin Corporation | |||
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Amazing home loaded with updates on large corner lot in Stonebridge Ranch! Sip your morning coffee or unwind your evenings on the wrap-around front porch with porch swings or the covered back patio with sun shades. 10' main-floor ceilings, crown-molding, new hand-scraped & engineered hardwood flooring, travertine stone flooring, fresh carpet & a new main floor AC unit. Gourmet kitchen features granite counters, professional-grade double ovens, Jenn-Air gas range, island, & walk-in pantry. Primary suite offers a luxe dual granite vanity bath & large walk-in closet. 2nd primary suite with French doors & Hollywood bath. Large loft with built-in work station, game room with wet bar, & a fully-equipped media room. Spacious bedrooms, each with walk-in closets, share 2 full upstairs baths. 5th bedroom doubles as an office. 3-car garage with custom wood doors. Tons of storage throughout. Neighborhood backs to Stonebridge Ranch golf course + blocks to Adriatica & Stonebridge Ranch Beach Pool.
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| Mar 31, 2020 | Sold | ||
| Sold | |||
| Apr 15, 2019 | Listed by Ebby Halliday, REALTORS- Pros | $504,990 | |
| Listed by Ebby Halliday, REALTORS- Pros | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017