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8113 Tranquil Lake Way
About This Property
Step into this beautifully updated 4-bedroom, 3.5-bathroom home nestled in the desirable, gated community of Harper's Preserve in Conroe, TX. Featuring a stunning open-concept layout, this home boasts soaring high ceilings, an oversized island kitchen with modern finishes, abundant cabinet space, and fully remodeled bathrooms that feel like a spa retreat. The home has been thoughtfully refreshed with new carpet, fresh interior paint, and a custom-designed primary closet. Entertain in the spacious family room, gameroom, or media room, this home has space for it all.
Step outside to your oasis: a brand-new luxury pool, less than a year old, surrounded by a large covered patio and a low-maintenance backyard designed for enjoyment with minimal upkeep. Perfect for Texas summers and year-round relaxation.
Don't miss your chance to own this rare gem.
Quick access to I-45, shopping, dining, highly rated schools
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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.
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About Wood Lake Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017