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12010 Rainforest Lane
About This Property
Inside, you'll find a split floor plan, spacious primary suite, new flooring, fresh paint, and numerous updates throughout (see attached list). The whole home generator provides added peace of mind. Enjoy all that Walden has to offer with low HOA dues, incredible amenities, golf cart friendly streets, and convenient access to the highly acclaimed elementary school. Located in top rated Montgomery ISD, this home truly has it all!
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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 |
|---|---|---|---|
| Jul 17, 2026 | Listed by Top Guns Realty on Lake Conroe | $474,900 | |
| Listed by Top Guns Realty on Lake Conroe | |||
| May 1, 2025 | Listed by Top Guns Realty on Lake Conroe | $485,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
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Immaculately maintained 4-bed, 2.5-bath home in Walden on Lake Conroe! Stylish updates, fresh paint, and a whole-house generator. Enjoy a sparkling pool, hot tub with fire features, and a spacious covered back porch—perfect for entertaining. Located on a quiet cul-de-sac with access to a walking path leading to the racquet club, fitness center, marina, boat ramp, park, and more. It’s also within walking distance to the neighborhood elementary school. Walden is a peninsula community with a police station, brand-new fire station, and several restaurants—two with lake views and one on the golf course. Residents often use golf carts to get to dinner, church, or pick up kids from school. Live the lake lifestyle in this beautiful golf course neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017