353 Adamo Way
About This Property
The primary suite is spacious with a large sitting area, three closets and features a large walk-in closet. The en suite bathroom has a soaking tub and separate shower. The other four bedrooms are generously sized and share two additional full bathrooms and a half bath off of the garage and laundry room.
Storage is not an issue in this home, with multiple closets and several built-in cabinets throughout. The home also features a tankless hot water heater powered by propane, and a generator that can power the entire home in case of a power outage. The generator is still under warranty and is powered by the underground propane tank. New A/C in 2020.
The extensive garage includes built-in cabinets, windows for natural light, and an adjacent carport with full electrical service. The beautiful tile roof has been sprayed with insulation within the attic for efficient cooling and heating.
The expansive covered patio, surrounded by lush landscaping, is great for enjoying a relaxing day by the pool or hosting guests. The property has endless possibilities for additional outdoor amenities and features a long private driveway with turnaround parking.
This property is a must-see for anyone looking for a luxurious and spacious home with ample outdoor space that is convenient for shopping, entertainment, dining, and just a short drive to the beach. The property is situated in a peaceful and serene location.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Relisted | $800,000 | |
| Relisted | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Price Decreased |
$800,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017