1676 Adams St
About This Property
Inside, historic charm and modern comfort coexist effortlessly. The spectacular kitchen features granite countertops, exposed brick, upgraded lighting, stainless steel appliances, and maple cabinets. The formal dining room showcases a beautiful built-in hutch and large windows with southern-exposure garden views. The front living room stuns with original stained glass windows, an original mantel, and a gas fireplace. The main-level primary suite includes a generous dressing room, and the main floor bath retains its original clawfoot tub - a true character piece.
Downstairs, the basement is filled with natural light and offers a conforming bedroom, a full bath, laundry room with washer and dryer, and an oversized storage room. The backyard was made for summer. A beautiful mature tree on the south edge throws shade across the entire patio by early afternoon, and on summer Sundays, live jazz from City Park floats right into the yard. Fire up the grill and you've got everything you need, plus a two-car detached garage, large storage shed, and a full sprinkler system to round it all out.
Over the years, the owners have put real care into every corner of this home, including a new roof and skylights (2020), new hardwood floors (2024), new furnace and heat pump (2025), fresh paint (2026), new hot water heater (2021), attic insulation, radon mitigation, updated lighting throughout and much more. The kind of home you can feel has been loved.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017