$245,900 Last Listed Price
●
House -
Off Market
108 Cove W
Montgomery, TX 77356
3 Beds
2 Baths
1,696 Ft²
$287,714
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
*** MULTIPLE OFFERS RECEIVED. NO FURTHER SHOWINGS. ***
Location. Location. Location. Fantastic
views of the 11th green and 12th T-Box on April Sound Golf Course
on a private cul-de-sac in a 24 Hour Manned Gated Country Club
Community. Nicely screened in back porch space with exit to
Deck with Built-in Seating! LARGE Primary bedroom with
updated shower! Large Open Family Living Area to Kitchen and
Dining. Corner fireplace. April Sound amenities
includes gym, Country Club, restaurant, bar, swimming pools,
Marina, tennis courts and golf. Surround sound and speakers
to convey with home. Wired for security. Garage is finished
out nicely. Wood and tile flooring throughout! Low tax
rate. A/C replaced in 2019. Electrical has been
upgraded recently. Zoned to Montgomery ISD. Come enjoy
the Lake Life!
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$145
Property Type
House
Property Taxes
$365
HOA Dues
$218
Year Built
2002
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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 #29601103)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by Direct Real Estate Group | $245,900 | |
| Listed by Direct Real Estate Group | |||
| | |||
|
*** MULTIPLE OFFERS RECEIVED. NO FURTHER SHOWINGS. *** Location. Location. Location. Fantastic views of the 11th green and 12th T-Box on April Sound Golf Course on a private cul-de-sac in a 24 Hour Manned Gated Country Club Community. Nicely screened in back porch space with exit to Deck with Built-in Seating! LARGE Primary bedroom with updated shower! Large Open Family Living Area to Kitchen and Dining. Corner fireplace. April Sound amenities includes gym, Country Club, restaurant, bar, swimming pools, Marina, tennis courts and golf. Surround sound and speakers to convey with home. Wired for security. Garage is finished out nicely. Wood and tile flooring throughout! Low tax rate. A/C replaced in 2019. Electrical has been upgraded recently. Zoned to Montgomery ISD. Come enjoy the Lake Life!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About April Sound
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Listed by: Tracie Miller-Colette, Direct Real Estate Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 29601103
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Last Updated: 5 months ago
Data Source: HAR , MLS# 29601103
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