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511 Devon Place
About This Property
Inside, you'll find a bright, inviting interior featuring recently updated flooring and fresh paint throughout. The stunning kitchen is designed to impress with white shaker cabinetry, quartz countertops, stainless steel appliances, and an oversized range with double ovens and multiple burners-perfect for everyday living or entertaining.
The home offers three spacious bedrooms, primary bedroom has 2 walk in closets, plus a versatile fourth room currently being used as a walk-in closet, providing endless possibilities as a home office, nursery, dressing room, or additional flex space.
Cozy up by the fireplace on cooler evenings, or enjoy everything waterfront living has to offer outside. Boaters will appreciate the newer vinyl (navy) bulkhead, private boat lift, and convenient generator hookup for added peace of mind.
Whether you're relaxing with your morning coffee while taking in the water views, heading out for a day on the boat, or entertaining family and friends, this canal-front home delivers the lifestyle you've been waiting for.
Don't miss this exceptional opportunity to own a move-in-ready waterfront home with modern updates, incredible views, and direct boating access. This house does not require flood insurance.
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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 17, 2026 | Price Decreased |
$1,499,900
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Shine Realty Group | $1,599,900 | |
| Listed by Shine Realty Group | |||
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by Shine Realty Group | $679,000 | |
| Listed by Shine Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017