12037 Oak Forest 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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $240,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
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An outstanding opportunity awaits in the gated community of Canyon Crossing, where privacy, space, & location come together. This 1.039-acre (45,258 SF) unimproved lot offers a prime setting for a thoughtfully designed custom home surrounded by mature trees & established luxury residences. With utilities already in place, the property provides immediate savings & a smoother path from vision to construction. The generous lot size allows flexibility for expansive outdoor living, a pool, guest accommodations, or a private retreat tailored to your lifestyle. Tucked away in a peaceful setting yet minutes from The Woodlands, residents enjoy convenient access to premier shopping, dining, entertainment, parks, & highly regarded schools while
maintaining a sense of seclusion. Whether you're a homeowner planning a custom build or a builder seeking a premium lot in a proven community, this property presents a rare opportunity to secure land in one of Conroe's most desirable gated neighborhoods.
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| Jan 6, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by Champions Real Estate Group | $88,000 | |
| Listed by Champions Real Estate Group | |||
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Are you ready to build your custom dream home! Fabulous 1 acre lot located in the sought after gated community of Canyon Crossing is now available. This beautiful wooded lot lets you feel like you are in the country but is in an amazingly ideal location with streamlined access to 3 major arteries: SH 99 Grand Parkway, Hardy Toll Rd, I-45. Minutes from the Woodlands Mall, Market Street, Waterway, Cynthia Mitchell Pavillion, Hughes Landing and many more businesses and restaurants. Zoned to excellent Conroe ISD schools! No back neighbors. Fantastic tax rate with NO MUD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017