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11 Red Adler Place
About This Property
The primary suite is a true retreat with a spa-like ensuite bath and generous walk-in closet. Secondary bedrooms are well-sized, and the flexible floor plan includes a private home office or bonus room to fit your lifestyle needs.
Enjoy your mornings or evenings in the serene backyard, complete with a covered patio and mature trees offering both privacy and shade. Located just minutes from top-rated schools, parks, shopping, and dining, this home provides both convenience and tranquility in one of The Woodlands' most desirable neighborhoods.
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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.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017