70 Devoe Street #1
About This Property
Wonderfully spacious and centrally located in the heart of Brooklyn's most exciting neighborhood, this 3 bedroom 2 bath measures approximately 1,000sf on the main and includes a 200 sq ft private patio, a 200sf front patio, a 300sf semi private landscaped garden (shared with apt 2) and 352sf of storage/laundry room in the basement. Sun-flooded, this apartment maintains a lot of its original details including 9ft tin ceilings, maple wood floors, exposed brick and 2 decorative fireplaces. Eat in kitchen is equipped with a Bosch dishwasher and a Fisher-Paykal Fridge overlooking the fabulous grapevine canopied private patio. Master bedroom offers a large walk-in closet and a windowed en-suite bathroom. 2 additional bedrooms, a large windowed guest bath and great closet space complete this fantastic space.
Located a few short blocks from the Lorimar Street stop on a cozy residential street, this small, self-managed 3 unit Condo building has excellent financials and is perfectly situated among amazing restaurants, shops, and more. Very flexible rental policy allows short term leasing!
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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 |
|---|---|---|---|
| Feb 10, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2016 | Listed by Compass | $1,195,000 | |
| Listed by Compass | |||
| | |||
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This serene, bright and charming garden level 3 Bedroom in a quintessential Williamsburg multi-family home, nestled on a quiet tree-lined block just steps from the L & G trains. Only 20 minutes to Grand Central!Wonderfully spacious and centrally located in the heart of Brooklyn's most exciting neighborhood, this 3 bedroom 2 bath measures approximately 1352sf and offers private storage, and laundry room, and features a 200 sq ft private patio that flows seamlessly from the kitchen, a 200sf front patio, and a 300sf semi private landscaped garden.Sun-flooded, this apartment maintains a lot of its original details including 9ft tin ceilings, maple wood floors, exposed brick and 2 decorative fireplaces. Eat in kitchen is equipped with a Bosch dishwasher and a Fisher-Paykal Fridge overlooking the fabulous grapevine canopied private patio. The master bedroom offers a large walk-in closet and a windowed en-suite bathroom. 2 additional bedrooms, a large windowed guest bath and great closet space complete this fantastic space. Located a few short blocks from the Lorimar Street L & G trains on a cozy residential street, this small, self-managed 3 unit Condo building has excellent financials and is perfectly situated among amazing restaurants, shops, and more.
| |||
| Jan 23, 2015 | Sold | ||
| Sold | |||
| Nov 6, 2014 | Listed by Compass | $1,195,000 | |
| Listed by Compass | |||
| Jun 2, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2017
|
2 Bed
|
2 Bath
|
905 ft²
|
$940,000
2 Bed
2 Bath
905 ft²
|
$940,000
07/26/2017
|
Carol Graham
Corcoran Group
| |
|
11/02/2016
|
3 Bed
|
2 Bath
|
1352 ft²
|
$1,195,000
3 Bed
2 Bath
1352 ft²
|
$1,151,000
-3.68%
02/10/2017
|
John Lee
Compass
| |
|
11/06/2014
|
3 Bed
|
2 Bath
|
1352 ft²
|
$1,195,000
3 Bed
2 Bath
1352 ft²
|
$1,195,000
01/23/2015
|
John Lee
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017