8845 Van Allen Drive
About This Property
This exceptional 4-bedroom (2 up, 2 down), 3-bathroom home boasts a 3-car garage and a low tax rate. Custom upgrades include crown molding, plantation shutters, a tankless water heater, Monogram appliances, and a spa-inspired primary ensuite with a custom closet connecting to the laundry room.
The gourmet kitchen flows into the living area, perfect for entertaining. Upstairs features a second wet kitchen with a wine chiller, dishwasher, and full fridge near the media and game room.
Step outside to the covered patio with a fireplace and enjoy privacy-NO neighbors behind! With lock-and-leave ease, you can travel stress-free. Schedule your showing today!
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - The Woodlands | $690,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - The Woodlands | |||
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Welcome to the gated Founders Reserve in The Woodlands, where luxury meets convenience! Homes here rarely come to market and are just minutes from top amenities.
This exceptional 4-bedroom (2 up, 2 down), 3-bathroom home boasts a 3-car garage and a low tax rate. Custom upgrades include crown molding, plantation shutters, a tankless water heater, Monogram appliances, and a spa-inspired primary ensuite with a custom closet connecting to the laundry room.
The gourmet kitchen flows into the living area, perfect for entertaining. Upstairs features a second wet kitchen with a wine chiller, dishwasher, and full fridge near the media and game room.
Step outside to the covered patio with a fireplace and enjoy privacy—NO neighbors behind! With lock-and-leave ease, you can travel stress-free. Schedule your showing today!
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| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Compass RE Texas, LLC | $650,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to the gated Founders Reserve of The Woodlands where luxury living meets convenience! Rarely does a home come to market in this neighborhood. Minutes to the finest amenities in The Woodlands! This gorgeous hard to find 4 bed (2 up & 2 down), 3 bath, 3 car garage has a tax rate under 1.7%! Custom upgrades include crown molding, plantation shutters, tankless water heater, Monogram appliances, a beautifully designed primary spa-like ensuite with a closet connecting to the laundry room. The gourmet kitchen and living room flow seamlessly, creating the perfect space for entertaining. Upstairs features a 2nd wet kitchen with wine chiller, dishwasher, and full fridge right off the media and designer game room. Head outside to the covered patio with fireplace and discover privacy at its finest with NO neighbors behind! This outdoor retreat is perfect for relaxation and unwinding after a long day. Enjoy traveling the world stress free with lock & leave ease! Schedule a showing today.
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017