504 Devoe Avenue
About This Property
Inside, enjoy new flooring and new carpeting, gorgeous hickory wood cabinetry, granite countertops, and a vaulted ceiling with exposed beams that add architectural interest. The home includes an easy flow floor plan with lots of flex spaces to create your ideal living needs. A huge walkable attic provides exceptional storage or future expansion potential.
The huge master suite offers a vaulted ceiling and a beautiful spa style ensuite with oversized walk-in shower, heated towel rack, and huge walk in closet.
Outdoor features include a brand new roof, brand-new inground pool liner, sprinkler system, & covered front porch and plenty of yard space for entertaining. Additional highlights include gas heat , 2-zone central air and an oversized garage.
Move-in-ready with extensive upgrades and a quick closing available.
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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.
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About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017