9514 Devonshire
About This Property
As you enter the home, you'll be greeted by the new LVP (Luxury Vinyl Plank) flooring that effortlessly runs throughout the entire residence, adding a touch of elegance and modernity. The combination of the new flooring and abundant windows floods the home with natural light, creating an inviting and airy atmosphere.
The heart of the home is the expansive living area, which seamlessly blends into the dining area and kitchen. Ideal for hosting gatherings or spending quality time with family, this open-concept layout ensures that everyone stays connected.
This ranch-style floorplan offers three generously-sized bedrooms, providing ample space for a growing family or accommodating guests. The primary bedroom features its own private ensuite bathroom including two closets, creating a peaceful retreat to unwind after a long day.
Outside, you'll find a beautifully landscaped yard, perfect for outdoor activities and enjoying the fresh air. The cul de sac location ensures minimal traffic, providing a safe and quiet environment for you and your loved ones.
This unique Highland's Ranch one-level home offers a well-designed floorplan with three bedrooms and two bathrooms, showcasing new LVP flooring and an abundance of natural light with its many windows. Located in a great cul de sac, this property provides both comfort and tranquility, making it the perfect place to call home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017