12503 Woodlake 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 |
|---|---|---|---|
| Dec 5, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by RE/MAX The Woodlands & Spring | $399,990 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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This 1.14-acre country estate with a cute one-story is the perfect home to escape to! A peaceful cut-de-sac lot with a wood fenced area in the backyard for children or animals to run around and play. Home has 3 detached storage buildings for a workshop, store an extra vehicle or boat, dreams are endless! 3 bedrooms, 2 full baths, spacious family room, brand new stainless stove top & oven. You will love the hardwood floors and large family area open to kitchen. Oversized laundry room inside the home. Beautiful covered patio to watch wildlife or hear sounds of nature over a cup of coffee. The mature trees on lot are stunning!! NO FLOODING EVER***septic, MUD, total country living just minutes from downtown Tomball, Magnolia and The Woodlands! This property can be used as a residence but could also be the perfect business opportunity conveniently located off the Tomball Tollway. Zoned for Mixed Use - can be used for a commercial business!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017