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10857 Lake Forest Drive
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%.
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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 1, 2026 | Listed by Keller Williams Realty The Woodlands | $1,125,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by eXp Realty LLC | $880,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Nature-lover's paradise! Beautiful one-story custom home on 5 acres in acreage neighborhood of Red Oak Ranch on the quiet neighborhood loop! Wooded property features brick home, metal workshop, and shed. Home has 3 bedrooms, sunroom, office, extra/craft room, and huge screened in patio. Lots of quality, custom upgrades and features. High ceilings, sound system. Beautiful hardwood flooring throughout main living. Stone fireplace, built-in shelving and cabinets in living room. Gorgeous views through double-paned windows and a separate sunroom. Kitchen has cooktop, double ovens, large island. Wine bar/fridge. Primary bath has 2 closets, sinks, counters. Garden bath and walk-in shower w/dual shower-heads. Huge attic storage option to build-out. Whole home Generator, Central Vac, sprinklers, landscape lighting, fountain, and NEW ROOF. Peaceful with abundant wildlife, close to Woodlands/Conroe amenities! Estate process is complete with Title and ready to sell.
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| Feb 4, 2024 | No longer available | - | |
| No longer available | |||
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About Red Oak Ranch
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017