1701 Walnut Lane
About This Property
Welcome to this stunning and spacious home in Kingwood, offering 7 bedrooms, 5 full baths, and a serene lifestyle on a private 1-acre lot. The home features a soft, luxurious design with high-end finishes throughout. The open-concept floor plan is perfect for entertaining and everyday living, with abundant natural light and seamless flow to the backyard oasis.
Enjoy a resort-style pool, RV parking, and large lot for ultimate privacy. The property also includes a detached garage apartment with a full kitchen, 2 additional rooms, and a full bath-ideal for guests, in-laws, or rental income.
This is a rare opportunity to own a move-in-ready estate that combines comfort, functionality, and luxury in one of Kingwood's most desirable areas. Note: The garage apartment square footage is not included in the MLS-reported total
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | Price Decreased |
$784,500
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Jul 21, 2025 | Price Decreased |
$799,990
↓ $35K
(4.2%) | |
| Price Decreased | |||
| Jul 19, 2025 | Price Decreased |
$834,999
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 3, 2025 | Listed by Monarch & Co | $844,500 | |
| Listed by Monarch & Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017