$292,000 Last Listed Price
●
House -
Off Market
12003 Rainforest Lane
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
1,812 Ft²
$1,859
Est. Monthly
$96
HOA / Fees
About This Property
This charming home is ready for its next chapter, which includes
YOU! Recently updated, it features 3 bedrooms, 2 full baths, and a
convenient shower in the utility room for quick clean-ups. The
kitchen underwent a stylish renovation in 2020 with upgrades
including quartz countertops, new stainless appliances, new floors
and fresh paint on the cabinets. There was also a complete
HVAC Trane System installed in December of 2020 by Air Tech More
recently the home was updated to make some minor repairs as well as
receive a fresh coat paint and new carpet throughout. Nestled on a
cul-de-sac, the property backs onto a well-trodden walking path.
Head north on the path, and within 5 minutes, you'll arrive at the
marina and boat slips; head south, and you'll reach the tennis
courts, pickleball courts, and pool in the same time. Wildlife
enthusiasts will love spotting deer at dusk.
Unit Size
1,812 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$161
Property Type
House
Property Taxes
$329
HOA Dues
$96
Year Built
1978
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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: 6 months ago (HAR #63237155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by eXp Realty LLC | $292,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
This charming home is ready for its next chapter, which includes YOU! Recently updated, it features 3 bedrooms, 2 full baths, and a convenient shower in the utility room for quick clean-ups. The kitchen underwent a stylish renovation in 2020 with upgrades including quartz countertops, new stainless appliances, new floors and fresh paint on the cabinets. There was also a complete HVAC Trane System installed in December of 2020 by Air Tech More recently the home was updated to make some minor repairs as well as receive a fresh coat paint and new carpet throughout. Nestled on a cul-de-sac, the property backs onto a well-trodden walking path. Head north on the path, and within 5 minutes, you’ll arrive at the marina and boat slips; head south, and you’ll reach the tennis courts, pickleball courts, and pool in the same time. Wildlife enthusiasts will love spotting deer at dusk.
| |||
Property Highlights
Fireplace
Garage
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 Walden
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Listed by: Stephony Garrett, eXp Realty LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 63237155
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Last Updated: 6 months ago
Data Source: HAR , MLS# 63237155
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