6408 E ADOBE Road
About This Property
Imagine 6408 E Adobe Rd, a residence recently updated with fresh interior paint throughout the living areas and new low maintenance landscaping designed for practical exterior care. The kitchen features all stainless steel appliances, providing a modern and cohesive look, while the primary bedroom includes a spacious walk in closet for organized storage. This home provides modern updates and effortless living..
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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 24, 2026 | Price Decreased |
$360,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$365,000
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$372,000
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$383,000
↓ $12K
(3%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Opendoor Brokerage, LLC | $395,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Last Updated: 10 days ago
Data Source: ARMLS, MLS# 7041181
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017