149 Waterstone Drive
About This Property
one story 4 bedroom with study home has been lovingly updated with fresh paint, new 30 year roof, a
new dishwasher 2023, Vivint Smart Home security system (controls doors, garage doors, alarm and
thermostat), plantation shutters, all carpeted bedroom flooring replaced with wood look tile in 2020 and Kohler generator 2022 . Enjoy gatherings in your formal dining room or enjoy your morning cup of coffee on the covered back patio. The primary bedroom with ensuite includes a walk-in shower, jetted tub, dual vanities, & walk-in closet. The split floor plan, ensures the primary suite is private and quiet. Outdoor living includes a large covered patio & fully fenced backyard that backs to the subdivision green space! This peaceful community is gated with covered pavilion, tennis, and basketball courts. and is zoned to the sought after Montgomery ISD and only minutes to Lake Conroe! Welcome home!!
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Apr 11, 2023 | Listed by Walzel Properties | $525,000 | |
| Listed by Walzel Properties | |||
| Sep 29, 2020 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Area Pro Group North Lake | $359,900 | |
| Listed by Area Pro Group North Lake | |||
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Move in ready home in small, private gated community in the highly acclaimed Montgomery ISD. This 4 bedroom, 2.5 bath charmer has everything you are looking for and more. Large yard for the kids or pets, modern colors and textures throughout and in a great location close to Lake Conroe. Owner has updated and painted most of interior.
Neighborhood park with basketball and tennis court. Montgomery Texas is one of the fastest growing areas around and once visit will show you why. Come see this one before it is gone.
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Property Highlights
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Price/ft²
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About Montgomery
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Last Updated: 5 months ago
Data Source: HAR , MLS# 48295953
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