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933 DEVONSHIRE WAY
About This Property
Upon arrival, you'll be greeted by a charming front porch and an attractive brick stone facade. Inside, the spacious living room features beautiful tigerwood flooring, vaulted ceilings, and upgraded ceiling fan, creating a warm and inviting atmosphere.
The eat-in kitchen showcases gray cabinetry that perfectly complements the quartz countertops. Functional upgrades include an updated stainless steel dishwasher and refrigerator, a brushed nickel gooseneck faucet, a double-bowl stainless steel sink, and a closet pantry. A large breakfast bar provides additional seating, while the cozy breakfast nook features French doors leading to the screened lanai, seamlessly blending indoor and outdoor living.
The formal dining room is enhanced with vaulted ceilings and a custom light fixture, creating an inviting setting for family meals and entertaining. Easy-to-maintain solid surface flooring extends throughout the home.
The 11x11 office/den, featuring a large arched window and vaulted ceiling, offers the perfect space for working from home or a quiet retreat.
The primary bedroom suite serves as a peaceful sanctuary with tigerwood flooring, French doors overlooking the backyard, and a walk-in closet. The en-suite bathroom includes dual sinks, a linen closet, a comfort-height toilet, and a walk-in tiled shower.
For year-round enjoyment, the generously sized screened lanai features tile flooring and lovely backyard views, providing the ideal place to relax outdoors.
Additional Features: Laundry room with linen closet, washer, and dryer, Two guest bedrooms and a remodeled guest bathroom, Architectural shingle roof (2025), Water heater (2020), Irrigation system, Exterior carriage lighting and floodlights, Fully fenced backyard with mature landscaping, Additional refrigerator in the garage, Two-car garage with garage door opener.
Conveniently located near shopping, restaurants, schools, biking trails, and within walking distance to Lake Wailes Park, which offers a picnic pavilion, fishing pier, boat ramp, and scenic walking trail along the shores of Lake Wailes, this home provides the perfect blend of comfort and convenience.
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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.
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About North Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017