716 Forest Lane Drive
About This Property
Over-sized lot. Centrally located to Woodlands & Lake Conroe.
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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%.
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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 |
|---|---|---|---|
| Jan 12, 2022 | Sold | ||
| Sold | |||
| Dec 4, 2021 | Listed by Woodlands Eco Realty | $299,900 | |
| Listed by Woodlands Eco Realty | |||
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Never Flooded! Light and bright home with high ceilings; large yard and gated courtyard 3 car garage!This 4 bedroom, 2 full & 1 half bath w/large game room up & walk-in attic space. Private remote-controlled electronic gate located on OVERSIZED lot. Updates include roof 2018, sprinkler system 2018. Formal dining upon entry flowing into large family rm w/fireplace.Updated kitchen w/granite, lots of counter space & custom-built cabinetry. Nice flow from kitchen to family and dining making it perfect for entertaining. Brkfst rm w/built-in shelves & desk. Spacious primary suite down, primary bath w/separate vanities & large walk-in closet w/built-ins. Fully fenced yard w/room for a private pool! Man Cave bar in Garage to hang out with your buddies.
Over-sized lot. Centrally located to Woodlands & Lake Conroe.
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| Jan 14, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by Village Realty | $249,900 | |
| Listed by Village Realty | |||
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High & Dry w/no history of flooding! Immaculate, spacious & updated home ready for a quick close! You'll fall in love w/this 4 bedroom, 2 full & 1 half bath w/large gameroom up & walk in attic space. Timeless brick elevation w/detached 3 car garage accessible by your private remote controlled electronic gate located on OVERSIZED lot. Updates include roof 2018,sprinkler system 2018,blinds,carpeting,tile,exterior & interior paint,exterior & interior lighting,new ceiling fans,recessed lighting added,AC units & water heater serviced 2018. Open layout w/high ceilings feature a formal dining upon entry flowing into large family rm w/fireplace. Light & bright kitchen w/granite, lots of counter space & custom built cabinetry is open to family & dining for ease of entertaining. Brkfst rm w/built-in shelves & desk. Spacious mstr suite down, mstr bath w/separate vanities & large walk-in closet w/built-ins. Fully fenced yard w/room for a private pool! Centrally located to Woodlands & Lake Conroe.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017