23101 Park 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 |
|---|---|---|---|
| May 15, 2025 | Price Decreased |
$800,000
↓ $25K
(3%) | |
| Price Decreased | |||
| Apr 26, 2025 | Listed | $825,000 | |
| Listed | |||
| | |||
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High-end builder renovation, nestled on a 1.7-acre cul-de-sac lot with no restrictions, this exceptional 5-bedroom, 4-bath estate is located in the heart of Tomball. Light-filled living spaces showcase luxurious finishes throughout. The heart of the home is a show-stopping quartz island kitchen featuring custom cabinetry, a chef’s sink, a professional 48” double oven, an 8-burner gas range with premium ventilation, a pot filler, and ample storage. A covered patio connects to an oversized detached garage with a half bath, a workshop, and a spacious garage apartment. The property includes a versatile outbuilding, enhancing the home’s appeal as a true lifestyle sanctuary. Every detail has been thoughtfully updated, new flooring, paint, fixtures, an upgraded laundry/mud room, and designer finishes—delivering a completely turnkey experience. Roof (2023), Septic System (2025). PRIME location close to parks and freeways. Zoned to top-rated Tomball ISD. Unrestricted, No HOA and never flooded.
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| Jan 26, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017