501 Adams Ave
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | Listed | $285,000 | |
| Listed | |||
| | |||
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If you're looking for small-town charm, look no further! This Craftsman-style home on a corner lot is back on the market, with a new roof to be installed for its next owner! This move-in ready home has been recently renovated--you'll find new carpet, new interior paint, a new furnace, new windows, new appliances, and updated bathrooms! Plumbing and electrical has also been updated. Enjoy no HOA, an enclosed chain-link-fenced backyard, a gardening area complete with raised garden beds, and a detached 2-car garage with a separate workshop area inside. The plethora of windows allow for much natural light throughout the home. You'll appreciate the thoughtful and functional floor plan, with open living and dining areas and a main-floor bedroom and laundry. There is an additional room on the main level that has flexibility to function as an office, or a fifth non-conforming bedroom. If you're in need of storage, you have plenty of options from all the large walk-in closets, built-ins, the mudroom, and the unfinished basement. Get ready to do a lot of front-porch (and back patio) sitting and soak up the serenity and freedom of life on the plains.Property has been pre-inspected. Report is available upon request. Schedule your showing today!
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| Oct 3, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed | $150,000 | |
| Listed | |||
| Feb 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017