1102 Adams Point
About This Property
Key features include a brand-new 60x36 shop equipped with two 200-amp electrical panels - one dedicated to the shop and the other reserved for your future residence. Water and electric utilities are fully installed, saving you time and effort. The land has been thoughtfully cleared, preserving only the majestic mature trees that add character and shade to the landscape. Professional dirt work and a prepared pad for your future home ensure a smooth start to construction.
As an added bonus, detailed house plans are available, providing a head start on designing your ideal living space. Whether you're envisioning a sprawling estate or a cozy retreat, this property offers endless possibilities in a peaceful, picturesque setting.
Don't miss this rare opportunity to own a move-in-ready parcel in Glen Rose, where small-town charm meets modern potential.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Luxe West Realty | $375,000 | |
| Listed by Luxe West Realty | |||
| Oct 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 29, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017