1529 Adeline
About This Property
The main level showcases luxury vinyl plank flooring throughout and an open-concept great room that flows seamlessly into the gourmet kitchen, complete with quartz countertops and a large center island perfect for cooking, gathering, and entertaining. A formal dining room provides the ideal space for hosting family dinners and special occasions.
Upstairs you'll find a versatile loft area next to the secondary bedrooms, perfect for a playroom, media space, or additional living area. The primary suite offers a peaceful retreat featuring an impressive en-suite bathroom and a large walk-in closet. For added convenience, the laundry room is also located upstairs.
Additional highlights include paid-off solar panels, a tankless water heater, water softener, a 3-car tandem garage, and no HOA.
This well-appointed home offers the perfect balance of comfort, space, and modern features in a fantastic Redlands location. Builder Warranty until 2029.
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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 13, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by RE/MAX ADVANTAGE | $889,000 | |
| Listed by RE/MAX ADVANTAGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017