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1675 Adobe Road
About This Property
The 1,900± square foot home features 2 spacious en suite bedrooms, an additional 3/4 bath and warm architectural details. Wood beamed ceilings, hickory and tile floors and a cozy wood-burning stove all make this a very cozy and welcoming home. A convenient Murphy bed provides additional accommodations for guests. The beautifully remodeled kitchen is the heart of the home, showcasing granite countertops, stainless steel appliances, abundant custom cabinetry, and quality finishes that make both everyday living and entertaining a pleasure. Designed for year-round comfort and efficiency, the home includes an owned solar system and newer dual HVAC systems.
Outside, the possibilities are endless. The property is fully equipped for horses, livestock, or hobby farming with fenced pastures, cross-fencing, corrals, and a fenced dog run. A substantial 2,160 square foot pole barn provides exceptional workspace and storage, complemented by a 288 square foot tack room for outside storage needs. There is also a 500+ sq ft older mobile home which can remain at no value or warranty from the seller.
With both residential and ag wells in place, this could be the country retreat you are seeking. As an equestrian property, or a versatile ranch with room to grow, this Eastside gem offers the rare combination of peaceful rural living, practical amenities, and convenience.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by RE/MAX Parkside Real Estate | $1,325,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017