7221 S Devon dr #106
About This Property
Association requires escrow equal to 12 months maintenance to be held for 24 months.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2021 | Sold | ||
| Sold | |||
| Nov 30, 2020 | Listed by Agents Realty Group, LLC | $113,950 | |
| Listed by Agents Realty Group, LLC | |||
| Apr 5, 2010 | Sold | ||
| Sold | |||
| Nov 11, 2009 | Listed by Prudential Florida Realty | $32,900 | |
| Listed by Prudential Florida Realty | |||
| | |||
|
BANK FORECLOSURE! SOLD IN AS-IS CONDITION, AS PER SELLER, PRE-QUAL/PRE-APPROVAL/PROOF OF FUNDS REQUIRED WITH COPY OF EARNEST MONEY DEPOSIT, SELLER'S ADDENDUM REQUIRED UPON ACCEPTANCE OF OFFER, ALL INSPECTIONS TO BE COMPLETED PRIOR TO OFFER, SELLER TERMS: ESCROW DUE UPON ACCEPTANCE (5% FINANCING OFFER OR 10% CASH OFFER), CLOSE WITHIN 30 DAYS, MUST CLOSE WITH SELLERS APPROVED CLOSING AGENT ****FOR ACCESS & OFFER INSTRUCTIONS, PLEASE SEE BROKER REMARKS & ATTACHMENTS****
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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 |
|---|---|---|---|---|---|---|---|
|
11/30/2020
|
2 Bed
|
2 Bath
|
-
|
$113,950
2 Bed
2 Bath
|
$103,500
-9.17%
03/12/2021
|
Marla Poris
Agents Realty Group, LLC
| |
|
11/11/2009
|
2 Bed
|
2 Bath
|
1200 ft²
|
$32,900
2 Bed
2 Bath
1200 ft²
|
$35,000
+6.38%
04/05/2010
|
Stephen Apicella
Prudential Florida Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017