400 N Adele Street
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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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Century 21 Circle | $429,500 | |
| Listed by Century 21 Circle | |||
| Jul 10, 2023 | No longer available | - | |
| No longer available | |||
| Jun 30, 2023 | Listed by Charles Rutenberg Realty | $499,900 | |
| Listed by Charles Rutenberg Realty | |||
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We are pleased to announce the sale of 400 Adele. This beautiful all brick ranch boasts a fresh and complete rehab that was finished late June of this year. Enjoy cooking in the beautiful rehabbed kitchen that features new 42" white shaker cabinets, all new appliances featuring a gas stove, beautiful 3D tiled backsplash. The large dining room opens up into the expansive sun drenched family room and 3 bedrooms on the main level. The fully finished basement has an open floor plan featuring bench seating, bar area and a full bathroom. Perfect for another living area or a theatre set up. The large utility room has enough space to create another room or leave it as is for plenty of storage. Enjoy nights on the back patio over looking the expansive yard as well as county land next door to ad to your activities or just enjoy nature. This home also boasts a massive 2.5 car garage. Could possibly fit 3 cars or leave for extra storage for your toys or lawn equipment safe under the cover of the garage. The manager has listed the unit size as 1320 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017