$1,349,000 Last Listed Price
●
House -
Off Market
125 Fairwater Drive
Montgomery, TX 77356
4 Beds
3 Baths,
2
Half Baths
4,838 Ft²
$1,772,367
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Luxury Lakefront Living At It's Finest! A true definition of a
"Custom Home" w/ more amenities than you can imagine. Quality built
home in the gated Waters Edge on an Open Lakefront Lot with
extensive lake views from the back of the house, front as well as
master bath side. Enjoy the Pool w/ vanishing edge,2 waterfalls,
volcano,colored light system,pool shower,2 remote covered boat
slips, 2 remote wave runner slips,lake irrigation system, outlets
for Xmas Lights,Luxor Multi-Color LED Outdoor Lighting/Control by
iPhone or iPad, Lutron Lighting system by computer, Russound System
(4 sound sources-6 places),new roof-Aug 2020,Ex large 3 car garage
w/ remote control trailer lift & extra storage, two-50 gallon hot
water heaters,crown molding throughout, interior elevator,extensive
built-ins,exquisite Cantera Front Doors,Gourmet Kitchen w/ Dbl
Ovens & Sub Zero Refrigerator, Wine Frig,Ice Maker, Ceiling
Designs,& so much more.Room sizes are approx.-verify
measurements.Call for more information
Unit Size
4,838 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$279
Property Type
House
Property Taxes
$1,845
HOA Dues
$83
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 #77516595)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Nov 2, 2020 | Listed by Coldwell Banker Realty | $1,349,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Luxury Lakefront Living At It's Finest! A true definition of a "Custom Home" w/ more amenities than you can imagine. Quality built home in the gated Waters Edge on an Open Lakefront Lot with extensive lake views from the back of the house, front as well as master bath side. Enjoy the Pool w/ vanishing edge,2 waterfalls, volcano,colored light system,pool shower,2 remote covered boat slips, 2 remote wave runner slips,lake irrigation system, outlets for Xmas Lights,Luxor Multi-Color LED Outdoor Lighting/Control by iPhone or iPad, Lutron Lighting system by computer, Russound System (4 sound sources-6 places),new roof-Aug 2020,Ex large 3 car garage w/ remote control trailer lift & extra storage, two-50 gallon hot water heaters,crown molding throughout, interior elevator,extensive built-ins,exquisite Cantera Front Doors,Gourmet Kitchen w/ Dbl Ovens & Sub Zero Refrigerator, Wine Frig,Ice Maker, Ceiling Designs,& so much more.Room sizes are approx.-verify measurements.Call for more information
| |||
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 Waters Edge
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Currently no similar homes aroundNearby Rentals
Listed by: Cathy Johnson, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 77516595
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77516595
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