$545,000 Last Listed Price
●
House -
Off Market
7 Red Adler Place
The Woodlands, TX 77382
4 Beds
4 Baths
2,488 Ft²
$575,139
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
This beautiful 1-story home is nestled on a quiet cul-de-sac lot in
the prestigious neighborhood of Archwyck in Sterling Ridge area of
The Woodlands. This home boasts an amazing open concept floor
plan in all common living areas, archways, high ceilings, hard wood
and tile flooring throughout and a spectacular view of your private
backyard oasis. Covered outdoor living space with a luxurious
pool/spa combo with waterslide and multiple waterfalls for those
hot Texas days and nights. Private, Full outdoor bathroom for
backyard entertaining convenience. This backyard is truly a dream
for entertaining family and friends. Split floor plans offer
separate Master bedroom with en-suite bath and closet overlooking
the backyard oasis and private outdoor entry access. 3 Well
appointed secondary bedrooms, one with full en-suite bath and
closet, other two share a generously sized full bathroom. NEVER
FLOODED!
Unit Size
2,488 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (HAR #22247102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Aug 2, 2022 | Listed by Realty ONE Group Iconic | $545,000 | |
| Listed by Realty ONE Group Iconic | |||
| | |||
|
This beautiful 1-story home is nestled on a quiet cul-de-sac lot in the prestigious neighborhood of Archwyck in Sterling Ridge area of The Woodlands. This home boasts an amazing open concept floor plan in all common living areas, archways, high ceilings, hard wood and tile flooring throughout and a spectacular view of your private backyard oasis. Covered outdoor living space with a luxurious pool/spa combo with waterslide and multiple waterfalls for those hot Texas days and nights. Private, Full outdoor bathroom for backyard entertaining convenience. This backyard is truly a dream for entertaining family and friends. Split floor plans offer separate Master bedroom with en-suite bath and closet overlooking the backyard oasis and private outdoor entry access. 3 Well appointed secondary bedrooms, one with full en-suite bath and closet, other two share a generously sized full bathroom. NEVER FLOODED!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kristin Carter, Realty ONE Group Iconic
Last Updated: 4 months ago
Data Source: HAR , MLS# 22247102
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Last Updated: 4 months ago
Data Source: HAR , MLS# 22247102
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