12 Adams Road
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%.
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 |
|---|---|---|---|
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed | $1,500,000 | |
| Listed | |||
| | |||
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Experience the ultimate coastal lifestyle in this chic, fully renovated 3-bedroom, 3-bathroom sanctuary located in the exclusive seaside enclave of Ocean Ridge. Just steps from the Atlantic via deeded beach access, this home blends Florida charm with modern luxury, featuring an open-concept layout, pristine white tile flooring, and a designer kitchen with premium stainless appliances. The private outdoor oasis is a true retreat, boasting a sparkling in-ground pool, lush tropical landscaping, and a circular driveway for effortless curb appeal. Complete with impact glass and two spacious primary suites, this turn-key gem offers the perfect balance of serene seclusion and proximity to the world-class dining and shopping of Downtown Delray Beach.
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| Jan 26, 2022 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by Sobri Realty Group LLC | $1,350,000 | |
| Listed by Sobri Realty Group LLC | |||
| Mar 15, 2019 | Sold | ||
| Sold | |||
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About Ocean Shore Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017