15612 Forest Knoll Road
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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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by Camelot Realty Group | $135,000 | |
| Listed by Camelot Realty Group | |||
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Welcome to this stunning 1.5 acre lot in the highly sought-after secluded Republic Grand Ranch community, located in Willis, Texas w/ tree-lined walking/hiking trails, parks, and 8-acre LAKE! This expansive property offers the perfect opportunity to build your DREAM HOME/PRIVATE RETREAT in a peaceful & serene setting w/ side and rear private greenbelts + space for a large yard, private pool, and outdoor living spaces. High & dry surrounded by mature trees & native grasses, six minutes off I-45 on the east side of FM 1097. Swift commute away to LAKE CONROE'S kayaking, fishing, jet skiing, shopping, dining, and entertainment options. 1,200 miles of trails that are all connected for dirt biking, walking, and horseback riding. State Parks right down the road that are excellent for camping. 20 minutes from The Woodlands, which has some of the best area hospitals, restaurants, and shopping options. Utilities include fresh water, electricity, and high-speed fiber optic internet. LOW TAXES!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017