$399,999 Last Listed Price
●
House -
Off Market
14039 Monterrey Circle
Willis, TX 77318
3 Beds
2 Baths
1,920 Ft²
$404,636
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
We have been given the keys to one of the most extraordinary
new-build farmhouses on Lake Conroe including industrial finishes
and crisp whites that lend design innovation, passion, and
endurance to transform a designer's architectural vision of modern
design into an exceptional concept of a new traditional modern
farmhouse. The home is currently under construction with an
expected completion date of May 31, 2022. The home is located in
the Corinthian Point neighborhood in Willis which is home to 306
single-family properties with median build year of 1987 and median
size homes of 2,183 Sq. Ft. on the east side of Lake Conroe,
directly on the lake. All images used are for illustrative purposes
only. These images are past-builts and the dimensions given are
illustrative for this house type and individual properties may
differ, in particular, the final elevations of the property
purchased may differ from those shown.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$208
Property Type
House
Property Taxes
$20
HOA Dues
$81
Year Built
-
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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 #18060292)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Keller Williams Realty - Memor | $399,999 | |
| Listed by Keller Williams Realty - Memor | |||
| | |||
|
We have been given the keys to one of the most extraordinary new-build farmhouses on Lake Conroe including industrial finishes and crisp whites that lend design innovation, passion, and endurance to transform a designer's architectural vision of modern design into an exceptional concept of a new traditional modern farmhouse. The home is currently under construction with an expected completion date of May 31, 2022. The home is located in the Corinthian Point neighborhood in Willis which is home to 306 single-family properties with median build year of 1987 and median size homes of 2,183 Sq. Ft. on the east side of Lake Conroe, directly on the lake. All images used are for illustrative purposes only. These images are past-builts and the dimensions given are illustrative for this house type and individual properties may differ, in particular, the final elevations of the property purchased may differ from those shown.
| |||
Property Highlights
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ft²
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HOA + Taxes
About Corinthian Point
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Currently no similar homes aroundNearby Rentals
Listed by: Geraldine Vasek, Keller Williams Realty - Memor
Last Updated: 4 months ago
Data Source: HAR , MLS# 18060292
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Last Updated: 4 months ago
Data Source: HAR , MLS# 18060292
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