7102 S Devon Drive #101
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%.
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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 25, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2023 | Listed by The Keyes Company | $229,000 | |
| Listed by The Keyes Company | |||
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Highly desirable 1st floor corner unit with an abundance of natural light and water views in Kings Point, a 55+ community with endless amenities to enjoy the South Florida lifestyle! This immaculately maintained 2 bedroom 2 bath condo has a practical floor plan featuring a breakfast nook in the kitchen, a spacious dining/living room, a den area and full size laundry room. Kings Point is an active community that provides owners access to the renovated club house inclusive of state of the art fitness center, indoor/outdoor pools, sauna/spa, tennis/pickleball, billiard room, library, card/activity rooms, social clubs and a 1,000 seat state of the art theatre for movies/shows and so much more! Located near shops & restaurants this is resort style living at it’s finest and a must see!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/01/2023
|
2 Bed
|
2 Bath
|
1238 ft²
|
$229,000
2 Bed
2 Bath
1238 ft²
|
$220,000
-3.93%
04/25/2023
|
Nichole Lathrop
The Keyes Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017