7322 N Devon Dr #102
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 |
|---|---|---|---|
| Nov 29, 2017 | Sold | ||
| Sold | |||
| Aug 28, 2017 | Listed by RE/MAX Preferred | $89,900 | |
| Listed by RE/MAX Preferred | |||
| | |||
|
Well maintained gated community, excellent complex and unit location, rec lease paid off - plenty of amenities and activities for the active adult lifestyle. Nicely decorated first floor lakefront unit with screened patio and washer/dryer in unit. Right across the street from the pool. Estate sale subject to court approval, Probate already started.
| |||
| Jun 28, 2012 | Sold | ||
| Sold | |||
| Apr 16, 2012 | Listed by Kingspoint Properties Inc | $57,900 | |
| Listed by Kingspoint Properties Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/28/2017
|
2 Bed
|
2 Bath
|
1300 ft²
|
$89,900
2 Bed
2 Bath
1300 ft²
|
$85,000
-5.45%
11/29/2017
|
Tony Vurro
RE/MAX Preferred
| |
|
04/16/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$57,900
2 Bed
2 Bath
1200 ft²
|
$56,500
-2.42%
06/28/2012
|
Maxine Adeline-Cintorino
Agents Realty Group, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017