580 Devonshire Lane
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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 21, 2024 | Listed by Real People Realty | $340,000 | |
| Listed by Real People Realty | |||
| Nov 7, 2024 | Listed by Real People Realty | $350,000 | |
| Listed by Real People Realty | |||
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Newly renovated including: New - Kitchen cabinets, quartz countertops, stainless steel appliances, both bathrooms completely updated, new vinyl plank flooring and refinished hardwood floors throughout, all new interior doors and trim, interior and exterior paint, new furnace, hot water heater, and more! Three bedrooms, one bathroom and living room are on upper level, and the kitchen, eating area, family room, 4th bedroom or office, large laundry room, and 2nd full bathroom are on the lower level. Seller is an IL licensed real estate broker
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017