16 Adobe Drive
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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by Century 21 Cor Ace Realty Inc | $529,990 | |
| Listed by Century 21 Cor Ace Realty Inc | |||
| Aug 24, 2026 | No longer available | - | |
| No longer available | |||
| Aug 4, 2026 | Price Decreased |
$549,990
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Century 21 Cor Ace Realty Inc | $565,000 | |
| Listed by Century 21 Cor Ace Realty Inc | |||
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Beautifully Renovated Ranch In The Tangiers Section Of Shirley!!! Completely Transformed From Top To Bottom, This Move In Ready Home Features A Brand New Roof And Landscaping, New Laminate Vinyl Flooring Throughout, A New Eat In Kitchen With Dining Area Includes Modern Finishes of Shaker Cabinetry And Black Hardware, Timeless And New Quartz Countertops, New Stainless Steel Appliances, Additional Features Are A Spacious Livingroom, 3 Spacious Bedrooms And 2 Brand New Fully Renovated Tiled Bathrooms, Sliding Doors From The Dining Area Open Up To A Large, Just About Quarter Acre Flat Lot, Perfect For Entertaining or Enjoying Privacy, Brand New Heating/Central Air Conditioning, Attached 1 Car Garage, Home Has Been Freshly Painted, Move Right In With Nothing To Do! Close To Ocean Beaches, Camping, Fishing, Marinas, Parks, Museums, Public Transportation, Shopping, Restaurants And Major Highways!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017