$729,990 Last Listed Price
●
House -
Off Market
1046 Groveton Ridge Lane
Pinehurst, TX 77362
5 Beds
4 Baths,
1
Half Bath
3,950 Ft²
$772,774
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Enjoy resort-style living in the master planned community of
Woodtrace. A stunning feature includes the 23-acre Lake and
recreation center with pool, clubhouse and five miles of wooded
greenbelt trails. The Oxford plan by J. Patrick Homes includes 5
bedrooms, 4.5 bathrooms and a 3-car garage. Chef's kitchen has
Quartz countertops, SS upgraded appliances including double oven
and custom cabinetry. It is the perfect home for entertaining with
an open concept floor plan and covered patio with outdoor kitchen.
Primary suite has a spa-like bath with dual sinks and award-winning
walk-through shower. Highly sought-after secondary bedroom down and
private office/study. Upstairs includes remainder 3 bedrooms,
media, and game room. Beautiful finishes and selections throughout
the home including grand curved staircase. Smart home features
included with white glove service after closing. J. Patrick Homes
recently awarded the GHBA Prism Awards - Volume Builder of the Year
Grand Award.
Unit Size
3,950 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$185
Property Type
House
Property Taxes
$139
HOA Dues
$100
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #19750660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 5, 2023 | Listed by RE/MAX Elite Properties | $750,000 | |
| Listed by RE/MAX Elite Properties | |||
| | |||
|
Welcome to Woodtrace, where luxury and comfort converge in this exquisite home completed in 2023. Step inside and be captivated by the attention to detail and thoughtful design throughout. The kitchen is a culinary dream, boasting an abundance of cabinets for all your storage needs. Equipped with stainless steel appliances, quartz countertops, an island with a sink, and under-cabinet lighting. The double oven is perfect for hosting gatherings, and the reverse osmosis system ensures pure and refreshing hydration for you and your loved ones. In the living room, you'll be greeted by a high ceiling and elegant iron rails. The tile floor adds a touch of comfort and durability, while the multitude of windows flood the space with natural light. The soaking tub invites you to unwind after a long day and the massive shower provides a luxurious and invigorating experience. Two of the secondary bedrooms boast their own full bathrooms, and two bedrooms share a jack-and-jill bathroom.
| |||
| Jan 27, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by Compass RE Texas, LLC | $729,990 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Montgomery
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Listed by: Michelle Marek, Compass RE Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 19750660
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Last Updated: 5 months ago
Data Source: HAR , MLS# 19750660
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