$380,000 Last Listed Price
●
House -
Off Market
105 Ridgewood Drive
Magnolia, TX 77355
4 Beds
3 Baths
1,720 Ft²
$391,311
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Come see this beautifully updated home in the highly desired Oak
Hollow Subdivision. This wooded lot boasts over an acre,
which is completely fenced and ready for your horses. You
will find 4 bedrooms, one which is a complete Guest/Mother-in-law
Suite, with a separate exterior entrance. This suite includes
a walk-in closet and bathroom providing everything your guest
will need with the perfect amount of privacy. You will also
find 3 additional bedrooms, including a huge master bedroom, with a
completely remodeled master bathroom. There are many updates
including a whole house water softener/filter by Culligan, wood
laminate flooring thru out, new light fixtures and fireplace give
it just the right touch. You will not be disappointed when you
enter this cozy, well-loved home. This home has an incredible
location with it being right next to the community pool, recreation
area, and one of the ponds which are stocked and ready for fishing.
Unit Size
1,720 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$221
Property Type
House
Property Taxes
$374
HOA Dues
$13
Year Built
2014
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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 #55269611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 23, 2022 | Listed by Elite Texas Properties | $380,000 | |
| Listed by Elite Texas Properties | |||
| | |||
|
Come see this beautifully updated home in the highly desired Oak Hollow Subdivision. This wooded lot boasts over an acre, which is completely fenced and ready for your horses. You will find 4 bedrooms, one which is a complete Guest/Mother-in-law Suite, with a separate exterior entrance. This suite includes a walk-in closet and bathroom providing everything your guest will need with the perfect amount of privacy. You will also find 3 additional bedrooms, including a huge master bedroom, with a completely remodeled master bathroom. There are many updates including a whole house water softener/filter by Culligan, wood laminate flooring thru out, new light fixtures and fireplace give it just the right touch. You will not be disappointed when you enter this cozy, well-loved home. This home has an incredible location with it being right next to the community pool, recreation area, and one of the ponds which are stocked and ready for fishing.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Waller
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Listed by: Cari Chambliss, Elite Texas Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 55269611
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Last Updated: 5 months ago
Data Source: HAR , MLS# 55269611
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