620 DEVONHURST Lane
About This Property
NOTE: Current owner is looking for a January close date and/or a lease back until Jan/Feb. 2021,
Now that we've established that - let's take a look at this 3/2 split floor plan home. Once you enter, a flex room is to your left and can be used for whatever you imagine it to be (sitting room, formal dining room, exercise room, study, playroom etc) and a spacious kitchen to the right with beautiful granite countertops, 42'' maple cabinets, SS appliances and a breakfast nook/dining. The family room offers gorgeous high grade laminate floors and sliders to the backyard. The master suite features a wonderful step tray ceiling, his and hers separate sinks and access to the backyard which allows plenty of room for entertaining or a future pool?
Don't wait - make an appointment today to see this home before it's too late.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017