59 Devoe Avenue
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 |
|---|---|---|---|
| Jul 31, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
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Welcome to this spacious home in beautiful Spotswood, NJ! Sitting on 2 serene acres with stunning lake views, this property offers 4 bedrooms, 3 full bathrooms, a full basement, and an oversized detached 2-car garage. The expansive driveway fits up to 10 vehicles perfect for gatherings or extra storage.Inside, the main level features a functional layout with a kitchen, dining room, two large living areas, and a full bath. Upstairs you'll find four comfortable bedrooms and two additional full bathrooms.This home is being sold as-is, with approved floor plans by the town for as residental home. Buyer is responsible for all city inspections.
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| Jul 10, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | In contract | - | |
| In contract | |||
| May 3, 2023 | Listed by C21 CHARLES SMITH AGENCY, INC | $315,000 | |
| Listed by C21 CHARLES SMITH AGENCY, INC | |||
| Nov 13, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017