$2,499,000 Last Listed Price
●
House -
Off Market
1133 River Road
Montgomery, TX 77356
3 Beds
4 Baths,
2
Half Baths
5,280 Ft²
$14,991
Est. Monthly
$67
HOA / Fees
About This Property
Boasting some of the most breathtaking views on Lake Conroe, this
exclusive, one-acre estate rests on the very tip of the Walden
Peninsula in the gated Lunde's Point. This exquisite property
offers ultimate privacy and serenity yet can also be an
entertainer's dream as a resort like retreat offering a pool/spa,
wrap around porch, boathouse with an upper deck, two boat slips,
and ample lawn space for events. Additional bonus features of this
property are low taxes, an elevator, huge recreational space on the
lower level, spacious study with views, generously sized secondary
bedrooms on the 3rd level, wineroom, and an oversized two-car
garage with room for a golf-cart and workshop. Schedule your
personal tour on this spectacular property today!
Unit Size
5,280 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$473
Property Type
House
Property Taxes
$2,653
HOA Dues
$67
Year Built
1987
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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: 4 months ago (HAR #37235892)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Jul 7, 2024 | No longer available | - | |
| No longer available | |||
| Jul 6, 2024 | Listed by Nan & Company Properties | $2,499,000 | |
| Listed by Nan & Company Properties | |||
| | |||
|
Boasting some of the most breathtaking views on Lake Conroe, this exclusive, one-acre estate rests on the very tip of the Walden Peninsula in the gated Lunde's Point. This exquisite property offers ultimate privacy and serenity yet can also be an entertainer's dream as a resort like retreat offering a pool/spa, wrap around porch, boathouse with an upper deck, two boat slips, and ample lawn space for events. Additional bonus features of this property are low taxes, an elevator, huge recreational space on the lower level, spacious study with views, generously sized secondary bedrooms on the 3rd level, wineroom, and an oversized two-car garage with room for a golf-cart and workshop. Schedule your personal tour on this spectacular property today!
| |||
| Jun 20, 2024 | Price Decreased |
$2,750,000
↓ $150K
(5.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Elevator
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montgomery
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Listed by: Nancy Almodovar, Nan & Company Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 37235892
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Last Updated: 4 months ago
Data Source: HAR , MLS# 37235892
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