209 W ADELAIDE 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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Listed by GAILEY ENTERPRISES LLC | $500,000 | |
| Listed by GAILEY ENTERPRISES LLC | |||
| Jul 11, 2025 | Price Decreased |
$509,000
↓ $900
(0.2%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $509,900 | |
| Listed | |||
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$15,270 'FORGIVABLE' GRANT AFTER 7 MONTHS AVAILABLE TO APPROVED BUYER FOR DOWN PAYMENT ASSISTANCE PROGRAM, SEE DOCUMENTS TAB. Welcome to this beautifully designed Destin floor plan in the highly sought-after Aberdeen community! This spacious 4-bedroom, 3-bathroom home offers impressive curb appeal with ledgestone front accents, upgraded landscaping, and a finished 3-car garage. Inside, you'll find a gourmet kitchen with stainless steel appliances, a granite bar top, custom solid white shelves in the pantry with shiplap backing on the wall. The eat-in kitchen area with an open-concept layout is perfect for entertaining. Additional features include a water softener and reverse osmosis water filtration system, as well as a Jacuzzi Brand custom shower insert. The owner's suite boasts a bay window, step tray ceiling, and a spa-like en-suite bath. Located in the Castlegate area of Aberdeen and offers top-rated St. Johns County schools, convenient access to shopping and dining, and resort-style amenities, including a clubhouse, pool, fitness center, and sports courts. Don't miss this incredible opportunity to own a luxurious yet desirable home in one of the area's most sought-after neighborhoods! Schedule your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017