438 Devlin Shores Drive
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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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Mar 3, 2021 | Listed by Perry Development Management | $439,900 | |
| Listed by Perry Development Management | |||
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Perry Homes New Construction! Entry with 12-foot ceiling leads to open family room, dining area and kitchen. Family room with a wall of windows and a wood mantel fireplace extends to the dining area, Kitchen offers corner walk-in pantry and generous island with built-in seating space. Primary suite with wall of windows. Double doors lead to primary bath with dual vanities, corner garden tub, separate glass-enclosed shower and large walk-in closet. Home office with French doors set at back entrance. Secondary bedrooms, a full bath plus a guest suite complete this open one-story design. Extended covered backyard patio. Two-car garage.
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Last Updated: 4 months ago
Data Source: HAR , MLS# 90345663
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017