12035 Powderhorn Lane
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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 17, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$260,000
↓ $8K
(2.8%) | |
| Price Decreased | |||
| Jul 3, 2025 | Listed by eXp Realty LLC | $267,500 | |
| Listed by eXp Realty LLC | |||
| |||
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INCREDIBLE NEWER 1 STORY! Great Open Concept Interior Layout! Impressive Tile Foyer Opens to Elegant Dining Area & to Chef's Delight Kitchen w/ Granite Counters, Stainless Steel Appliances, Tile Flooring, & Abundant Cabinetry! Water Softener & Reverse Osmosis Systems Stay + Refrigerator, Washer, & Dryer Included! Large Family Room - Handsome Laminate Flooring & French Doors to Patio! Privately Located Master Suite - Lovely Bath w/ Separate Tub & Shower + Big Walk-In Closet! Generously Sized Secondary Bedrooms w/ Neutral Paint & 2" Blinds! Pretty Guest Bath - Tile Flooring + Tub/Shower Combo! Unbelievable Backyard - Covered Patio w/ Fan & epoxy, Wood Deck, HOT TUB & Lots of Green Space for Pets, eTC! Garage with Epoxy Flooring! Great Community w/ Playground & Picnic Area - PLUS Easy Access to Highway 249, City of Tomball, & The Woodlands! SUPER LOW Tax Rate - No MUD Tax! MOVE-IN READY!
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| Jun 11, 2025 | Price Decreased |
$267,500
↓ $8K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017