9 Devon Commons Ln #9
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 |
|---|---|---|---|
| Mar 15, 2017 | Sold | ||
| Sold | |||
| Jan 17, 2017 | Listed by William Raveis R.E. & Home Services | $319,900 | |
| Listed by William Raveis R.E. & Home Services | |||
| | |||
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DEVON WOOD! NO STAIRS! Walk right in to your 2 bed, 2 bath first floor condo in a gorgeous setting. This home has its own private entrance, an open floor plan and a rear deck leading to a huge back yard. Enter the complex by driving up a private country road. Then see the pool, spa, clubhouse, tennis courts, walking trails, and 3 community gardens. It’s all situated on 350 acres of conservation land bordering Cranberry Pond Reservation Area. Close to T, commuter rail, expressway, routes 3 and 128. Minutes to local shopping and South Shore Plaza. Devon Wood is not just a community - it's a lifestyle.
| |||
| Apr 27, 2006 | Sold | ||
| Sold | |||
| Oct 26, 2005 | Listed by Century 21 Tullish & Clancy | $324,900 | |
| Listed by Century 21 Tullish & Clancy | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/17/2017
|
2 Bed
|
2 Bath
|
996 ft²
|
$319,900
2 Bed
2 Bath
996 ft²
|
$312,500
-2.31%
03/15/2017
|
William Goldman
Bradford Realty
| |
|
10/26/2005
|
2 Bed
|
2 Bath
|
996 ft²
|
$324,900
2 Bed
2 Bath
996 ft²
|
$319,900
-1.54%
04/27/2006
|
Diane McHale
Century 21 Professionals
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017