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365 Adams ST
About This Property
Ascend to the third floor in the stately, private elevator or simply take the stairs! This floor boasts the primary suite with a sitting area overlooking the park, a spa-like bathroom, and a custom-built closet. This level also includes a third bedroom with a full bath and the conveniently located laundry area. The fourth floor offers an office or sitting area, a flex room, and an expansive terrace with unobstructed views of Rivery Park and San Gabriel River trails. The terrace features a shaded seating area under an electric louvered pergola.
The street level features a rear entry 2-car garage and a bedroom with a full bathroom and walk-in closet. Bonus amenities include a water softener, two water heaters, and a split HVAC system. The location is ideal, with a short walk to restaurants, shopping, and outdoor activities. The community also offers regular neighborhood gatherings organized by the social committee. Don't miss the chance to experience the perfect blend of nature, modern conveniences, and a vibrant community.
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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 |
|---|---|---|---|
| Dec 20, 2024 | No longer available | - | |
| No longer available | |||
| Dec 20, 2024 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to Georgetown's exclusive luxury lock-and-leave Brownstone Community, where contemporary design meets nature. This rare end unit masonry home offers added privacy and extra living space, along with stunning sunrise views from the rooftop patio. It effortlessly combines elegance and convenience, featuring a private elevator, spacious bedrooms, en suite bathrooms, a half bath on the main level, and abundant storage. The versatile fourth-floor area is perfect for an office or yoga studio, plus an additional flex room. Whether you’re seeking carefree urban living or an investment property for short-term rentals, this residence is ideally located in the heart of Georgetown.
The first floor includes a two-car garage with storage and an oversized secondary bedroom with a private entrance, large closets, and a full bath. The main floor boasts a spacious living area with a cozy reading lounge, a sunlit dining space, and a kitchen equipped with stainless steel appliances, granite countertops, Shaker-style cabinets, a gorgeous oversized island, and a porcelain apron sink. Tall ceilings, recessed lighting, crown molding, and plantation shutters add sophistication, while an attractive half bath completes this level.
The third floor is dedicated to the luxurious primary suite overlooking the park, featuring coffered ceilings and a spa-like bathroom with a garden tub, walk-in shower, dual vanity, and a custom-built closet. This floor also includes a bedroom with full bath and laundry area behind a bespoke rail car door.
The fourth level offers flexible space tailored to your needs and features a large terrace with unobstructed nature views, complete with a shaded seating area under an electric louvered pergola.
Walk to coffee shops, restaurants, gyms, boutique shopping, a spa, and miles of hiking trails right outside your door, along with ample visitor parking. Experience the charm of 365 Adams Street, where elegance, natural beauty, and community harmoniously combine!
| |||
| Oct 19, 2024 | Relisted | $675,000 | |
| Relisted | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Price Decreased |
$675,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017