7132 S Devon Dr #205
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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Feb 26, 2024 | Listed by Majestic View Properties | $184,900 | |
| Listed by Majestic View Properties | |||
| | |||
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Immerse yourself in serene waterfront living at Kings Point! This charming 55+ community showcases delightful water views. With original finishes and flooring, enjoy a nostalgic charm that exudes timeless appeal. Meticulously maintained, this home is in pristine condition, offering a perfect blend of elegance and comfort. Perfect space in the best of Tamarac with full access to all King Points' amenities such as a community and indoor pool, active clubhouse with a theatre. Maintenance includes clubhouse, buses, and so much more! Immerse yourself in serene waterfront living at Kings Point! This charming 55+ community showcases delightful water views. With original finishes and flooring, enjoy a nostalgic charm that exudes timeless appeal. Meticulously maintained, this home is in pristine condition, offering a perfect blend of elegance and comfort. Perfect space in the best of Tamarac with full access to all King Points' amenities such as a community and indoor pool, active clubhouse with a theatre. Maintenance includes clubhouse, buses, and so much more!
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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 |
|---|---|---|---|---|---|---|---|
|
02/26/2024
|
2 Bed
|
2 Bath
|
1238 ft²
|
$199,000
2 Bed
2 Bath
1238 ft²
|
$170,000
-14.57%
05/28/2024
|
Joseph Putrino
Majestic View Properties Inc
|
Building Info
About Devon Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017