1400 Adam Ave
About This Property
Inside, the open floor plan features vinyl plank flooring throughout the main living areas, carpet in all bedrooms, and a spacious living room that flows naturally into the kitchen. A separate dining room just off the main living space provides a dedicated area for meals and gatherings. The kitchen features a large granite center island with a double sink, granite countertops with a tile backsplash, a pantry, and included appliances.
The split-bedroom floor plan provides added privacy, with the primary suite located on the opposite side of the home from the two additional bedrooms. The primary bedroom features a ceiling fan and two windows overlooking the backyard, while the adjoining bathroom includes separate vanities, a soaking tub, a tiled walk-in shower, and a spacious walk-in closet with built-in storage.
Outside, covered front and back porches provide inviting spaces to relax, while the landscaped yard adds to the home's curb appeal. The large backyard offers plenty of room to enjoy as-is with additional potential for a garden, play area, outdoor entertaining space, or other future additions. With its well-maintained condition, functional layout, and convenient location, this home is ready for its next owners to make it their own.
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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 |
|---|---|---|---|
| Oct 9, 2026 | Delisted | - | |
| Delisted | |||
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by eXp Realty, LLC | $370,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017