7406 N Devon Drive #108
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 |
|---|---|---|---|
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Berkshire Hathaway Florida Realty | $205,000 | |
| Listed by Berkshire Hathaway Florida Realty | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Apr 16, 2018 | Listed by Agents Realty Group, LLC | $94,999 | |
| Listed by Agents Realty Group, LLC | |||
| | |||
|
VALUE PRICED! 1ST FLR 2/2 WITH GREAT WATER VIEW. REDUCED BY $18,000. PARK RIGHT IN FRONT. BIG KITCHEN WITH BREAKFAST RM, PRIVATE WASHER & DRYER IN OVERSIZE INSIDE UTILITY/STORAGE RM, 32 FT EXTENDED LIVING/DINING/FAM RM. FANTASTIC ACTIVITIES & AMENITIES: PROF 1000 SEAT THEATER-LIVE SHOWS, HTD INDOOR/OUTDOOR POOLS, NIGHT CLUB, HI TECH WEIGHT/EXERCISE RMS, BILLIARDS & MORE. MANY CLUBS. FREE BUS TO SHOPS, REC CTR & MORE. REC DEED PAID. ASSOC SAYS 55+. RENTABLE AFTER 18 MOS. ALL REASONABLE OFFERS CONSIDERED!
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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 |
|---|---|---|---|---|---|---|---|
|
10/20/2021
|
2 Bed
|
2 Bath
|
1226 ft²
|
$205,000
2 Bed
2 Bath
1226 ft²
|
$195,000
-4.88%
01/14/2022
|
Sharon Suppelsa
Berkshire Hathaway HomeService
| |
|
04/16/2018
|
2 Bed
|
2 Bath
|
1228 ft²
|
$94,999
2 Bed
2 Bath
1228 ft²
|
$90,000
-5.26%
07/31/2018
|
David Morgan
BHHS FLORIDA PROPERTIES GROUP
|
Building Info
About Devon Condominiums
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017