408 Devon Street
About This Property
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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 |
|---|---|---|---|
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Aug 22, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $237,000 | |
| Listed | |||
| | |||
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Priced to sell 1,800 sq. ft. Ranch home. Enter through the covered front porch, Open & Spacious interior with 3 bedrooms, 2.5 baths, Formal Liv. Rm. & Dining Rm., Eat-in Kitchen, Vaulted Ceiling in Family Room with Sliders to back yard, Plus a 2 car garage. Needs some TLC, roof is original with no leaks & priced to reflect. The manager has listed the unit size as 1820 square feet.
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| May 18, 2018 | Listed by Weichert Realtors-Forked River | $237,000 | |
| Listed by Weichert Realtors-Forked River | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017