7 Devonshire Rd
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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $1,490,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Situated near the Ipswich River in the exclusive Devonshire Rd Neighborhood, this custom built colonial is the one you have been waiting for. Enter into a spectacular 2 story foyer which flows seamlessly to the formal living rm w/ fireplace, dining rm & 1st floor office. Make your way to the chef's kitchen which opens to the cathedral ceiling family rm & features custom cabinetry, highend appliances & granite counters. Completing the 1st floor is a 1/2 bath, laundry rm & sunrm w/ stunning views of serene backyard. 2nd floor boasts a primary suite w/ vaulted ceilings, fireplace, walkin closet & bathrm w/ double sinks, radiant heated tile flooring, soaking tub & glass tiled shower. Additionally, you will find 2 well appointed bedrooms & full bath. Lower level features finished walkout basement perfect for recreational space w/ temp controlled wine room & storage galore! Renovated bathrooms (2022), oversized 3 car garage & professionally landscaped grounds await you!
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| Jul 29, 2014 | Sold | ||
| Sold | |||
| May 13, 2014 | Listed by Coldwell Banker Realty - Lynnfield | $929,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017