58
Map
437 Adamston Road
About This Property
Beautifully appointed throughout, the home features hardwood floors, granite countertops, and elegant picture frame and crown molding, creating a warm yet sophisticated atmosphere. The open and inviting layout includes spacious living areas, a gas fireplace, and a generously sized primary suite with private deck access--perfect for relaxing in a serene setting. In addition to the residence, the property includes a separate commercial building currently under a 10-year lease , providing a strong and reliable income stream. In addition to the residence, the property includes a separate commercial building currently under a 10-year lease that commenced February 7, 2023. As of 4/30/2026, the lease is in Year 4 with approximately 6 years and 9 months remaining, providing a strong and reliable income stream. The current base rent is $83,997 annually with scheduled increases, and the total remaining base rent over the term is approximately $610,000+, offering tangible, built-in value to the property.
The expansive grounds further enhance the lifestyle appeal, featuring a barn with electric, outbuildings, and ample space for recreation, hobbies, or future possibilities.
A truly unique opportunity for buyers seeking a primary residence with income, multi-use flexibility, or live/work potential--just minutes from major roadways, local amenities, and the Jersey Shore.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 30, 2026 | Listed by Weichert Realtors-Sea Girt | $1,550,000 | |
| Listed by Weichert Realtors-Sea Girt | |||
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by Pasch/All Shores Realty | $1,349,000 | |
| Listed by Pasch/All Shores Realty | |||
| | |||
|
This ''Very Rare'' Opportunity to purchase a Beautiful ''Park Like Setting'' on 3.58 Acres. This unique opportunity , Live-Work and/or Rent Home with an Established Business paying $80k a year plus half of theTaxes, Insurance Water and Sewer. Income from the start! Fabulous Investment -call for additional details! This ''Immaculate '' 2300 sq ft Open Floor Plan! 3 Bedrms, 2 Full Baths plus a half bath First floor. Large Master Bedrm Suite, with sitting rm plus French Doors leading to a Private Deck, 3 Zones A/C and Hot water Base Board Heat. Gas Fire Place for chilly nights. Property also, has a two stall Horse Barn with electric and a detached shed with electric. This property is a real ''Gem'' Close proximity to Great Local Restaurants, Beaches and Major Roadways. Qualified Buyers only
| |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017