8 Devonshire Drive
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 19, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | Listed by Coldwell Banker Realty | $610,000 | |
| Listed by Coldwell Banker Realty | |||
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Located in Sterling Meadows, the home is nicely situated on a quiet fenced lot in a very desirable area of Hazlet. There is the convenience of lots of shopping venues and dining minutes away and it is not very far from the Hazlet train station and Garden State Parkway. The two-story kitchen has a large granite center island and a very spacious eating area. Laminated flooring flows throughout the living and dining rooms. Very recently, the primary bedroom bath was renovated and shows beautifully with a sunken tub and stall shower. An attached garage with access to a 5' crawl is a great asset for storage.
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| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed | $600,000 | |
| Listed | |||
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Located in Sterling Meadows, the home is nicely situated on a quiet fenced lot in a very desirable area of Hazlet. There is the convenience of lots of shopping and dining minutes away and it is not very far from the Hazlet train station and Garden State Parkway. The newer kitchen has a large granite center island and spacious eating area. An attached garage with access to a 5' crawl is a great asset. Also, hardwood flooring flows throughout the living and dining rooms. Bring back the sparkle of this home with some TLC and paint and you will have made a very good investment!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017