509 Devon PLACE
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%.
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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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by KELLER WILLIAMS CLASSIC | $649,000 | |
| Listed by KELLER WILLIAMS CLASSIC | |||
| | |||
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Welcome home to this stunning Devon Green, SINGLE-STORY, 3 bedroom, 2 bath home located in the highly sought after gorgeous 24-HOUR GUARD GATED community of Heathrow. This home is located at the end of a CUL-DE-SAC and backs up to the 16th FAIRWAY. The inside features an OPEN FLOOR PLAN with full 2 story windows and vaulted ceilings providing incredible NATURAL LIGHTING and AMAZING VIEWS of the COURSE! The kitchen is perfect for entertaining equipped with beautiful QUARTZ countertops and bar overlooking the living room and dining areas, with MULTIPLE VIEWS of the green space. The rooms are each designed with privacy in mind with a SPLIT FLOOR PLAN. The over-sized master suite includes a custom STEAM ROOM in the master bath that is equipped with BUILT IN SPEAKERS, a bench seat, streaming JETS and WATERFALL shower. The large back patio features a sparkling SALT WATER POOL AND SPA and is upgraded with STEREO SURROUND SOUND for music during those starlit evenings relaxing in the spa overlooking the peaceful golf course greens. The TWO CAR GARAGE is oversized and side loading for a sleek curb appeal. This home has ZERO YARD MAINTENANCE as the HOA takes care of the landscaping for you! This home features LEASED SOLAR PANELS, ensuring a consistently LOW ELECTRIC BILL. LOCATION is EVERYTHING with Top A rated Lake Mary Schools! Run don’t walk to see this rare beauty!
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| Aug 4, 2021 | Sold | ||
| Sold | |||
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About Devon Glen
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$7,500 /mo
- 4 Beds
- 6 Baths
- 3,832 ft²
$4,900 /mo
- 2 Beds
- 1 Bath
- 2,027 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017