11027 Lake Windcrest
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%.
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 16, 2024 | No longer available | - | |
| No longer available | |||
| Apr 8, 2024 | Listed by Tammy Bateman Properties | $309,000 | |
| Listed by Tammy Bateman Properties | |||
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In the coveted Lake Windcrest community, a wooded 2-acre lot offers an idyllic blend of tranquility and convenience. Located in the heart of Magnolia's Lake Windcrest, this property provides an opportunity to build your dream home amidst nature's finest offerings. Lake Windcrest elevates the standard of living with an array of amenities. For outdoor enthusiasts, the community has four lakes that include Lake Windcrest for power boating and leisurely kayaking. Parks, playgrounds and meandering walking trails invite you to explore nature. Equestrian enthusiasts will enjoy horseback riding trails, while golfers will appreciate the Thomas Walker championship-designed golf course (membership required), promising endless days of leisure and recreation. Convenient, easy access to The Woodlands, Magnolia and Tomball business districts, ensure the best in shopping, dining and entertainment options. See why Magnolia has surged in popularity for those seeking an elevated lifestyle.
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| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 26, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by RE/MAX Integrity | $309,000 | |
| Listed by RE/MAX Integrity | |||
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Build your dream home on this beautiful lot in the highly sought after subdivision of Lake Windcrest. This neighborhood has so many amenities, including multiple playgrounds and parks, lakes to water ski, kayak or jet ski on, and walking and horse-back riding trails and the The Thomas Walker championship designed golf club (membership required). Conveniently located to shopping and restaurants and just right down the road from The Woodlands, this will be the perfect spot for your family to call home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017