8501 Devonshire Blvd
About This Property
Upon entering, you'll notice the meticulous renovations throughout, from top to bottom. The expansive living area is filled with abundant natural light and seamlessly integrated with a dining space, perfect for gatherings. The kitchen has been fully upgraded with modern cabinets, quartz countertops, and a sleek stainless steel appliance package-ideal for culinary enthusiasts.
The main level features two bedrooms served by a completely renovated full bathroom, showcasing modern tile surrounds, an upgraded vanity, and new plumbing and electrical fixtures. The finished basement adds valuable living space, including a large family room, two additional bedrooms, and a dedicated laundry area. There's also a stylish bathroom with a walk-in shower, new tile, and a contemporary vanity.
The home's systems have been upgraded for efficiency and peace of mind, including a new permitted electric panel and roof. Also find a new high-efficiency water heater, and HVAC system. The driveway has also been replaced with durable new concrete.
No detail has been overlooked in this stunning home. Schedule your visit today and see all the wonderful features this gem has to offer! Ask about seller offer to buy down your rate!
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$459,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 19, 2025 | Relisted | $475,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017