8502 & 8504 ADELPHI RD
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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2023 | In contract | - | |
| In contract | |||
| Oct 15, 2023 | Listed by Realty Executives Premier | $675,000 | |
| Listed by Realty Executives Premier | |||
| Sep 5, 2020 | No longer available | - | |
| No longer available | |||
| Apr 28, 2020 | Listed | $674,900 | |
| Listed | |||
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This 2BR, 1FB and 2HB rambler is listed for sale as residential, commercial and land with the possibility of subdivision into 4 lots. The list price includes lots 2 (8504) and 3 (8502) which must be sold together. The rambler on 8502 features a front and rear patio, parking for multiple cars in the front and rear, new roof, foyer entry with ceramic tile floor, great room with living and dining room open to kitchen with built-in microwave, ceramic tile floors and backsplash, electric FP, crown molding and chair railing, walk-up unfinished basement, large partially fenced rear and 2 sheds and more! The rambler on 8504 is a 1 BR /1BA. The properties are to be sold AS IS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017