7408 N Devon Drive #109
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%.
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 25, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by RE/MAX Advisors | $179,000 | |
| Listed by RE/MAX Advisors | |||
| | |||
|
AMAZING LAKE VIEWS in this FIRST FLOOR oversized condo in highly desirable King's Point Tamarac. Large kitchen features eat-in area & new appliances. Split bedroom plan - XL master bedroom overlooks the lake and has a HUGE walk-in closet! HURRICANE IMPACT WINDOWS. Oversized laundry room with newer washer & dryer. AC replaced in 2018. Kings Point has lots to do! Beautiful main building with theater; indoor & outdoor pools; billiards; tennis; fitness center & library just to name a few! $313/month fee to Devon & $149/month to King's Point Master Association. Sawgrass Mills Mall; Coral Springs Center for the Arts; VA Outpatient Clinic; other medical facilities & more just a short drive from Devon. 12 months maintenance held for 1 year; fees include: trash, water, sewer, all amenities.
| |||
| Sep 20, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2018 | Listed by Thank You Realty LLC | $109,000 | |
| Listed by Thank You Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2022
|
2 Bed
|
2 Bath
|
1228 ft²
|
$179,000
2 Bed
2 Bath
1228 ft²
|
$185,000
+3.35%
03/25/2022
|
Andy Mandel
RE/MAX Advisors
| |
|
07/30/2018
|
2 Bed
|
2 Bath
|
1228 ft²
|
$109,000
2 Bed
2 Bath
1228 ft²
|
$95,000
-12.84%
09/20/2018
|
Laura A Beck
Dalton Wade Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017