10985 Lake Forest Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by Keller Williams Realty The Woodlands | $1,100,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| |||
|
Fall in love with this beautifully remodeled home in the heart of Red Oak Ranch—where luxury meets serenity on 5 gorgeous, wooded acres. This beauty offers timeless elegance featuring hardwood floors, vaulted ceilings & a striking stone fireplace. The gourmet kitchen is a chef’s dream, designed for both everyday living & entertaining. The flex room downstairs can be an office or 4th bedroom. A separate, newly renovated flex space (609 SF not included in house SF) w/ half bath is perfect for an office, homeschool setup, studio, or guest suite. Step outside into your own private paradise—an extensively remodeled pool w/ travertine coping, inlays, raised water feature wall, spray decking, dog shower & turf create the ultimate backyard retreat. Whole-home generator, water softener, spacious covered patio, an oversized 3-car garage with epoxy flooring & horse-friendly land make this home as practical as it is beautiful. Enjoy country living just minutes from The Woodlands, I-45, & Magnolia.
| |||
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Southern Properties & Estates | $929,900 | |
| Listed by Southern Properties & Estates | |||
| | |||
|
Beautifully and newly remodeled custom home on 5 gorgeous acres in the perfect location minutes from I-45, Aggie Hwy, The Woodlands, Magnolia, Conroe and more! Spacious 3 bedroom, 2.5 bath with the most fabulous pool/spa and wrapped covered porches. Brand new floor to ceiling kitchen remodel with custom lighting. All new flooring, cabinets, fixtures, lighting and exterior doors throughout. Fresh paint inside and outside. High ceilings with stunning stone fireplace in the living. Custom office with built-ins. New tankless water heater, new gunite in the pool/spa, whole house water softener, whole house generator! Horse friendly, riding trails and equestrian center. So much that was updated and remodeled you need to see to appreciate plus 5 acres of sheer privacy!! Don't miss out on this rare find in the heart of Red Oak Ranch!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017