$184,900 Last Listed Price
●
House -
Off Market
16855 Balmoral
Montgomery, TX 77316
3 Beds
2 Baths
1,058 Ft²
$196,158
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
New construction by Quality Custom Homes! One story 3
bedroom, 2 bathroom charmer with a multi purpose bonus room!!
Large open-concept living area with lots of natural light,
wood look tile floors, and high vaulted ceilings which provide a
wonderful sense of space. The kitchen boasts a fresh modern
look with gorgeous granite countertops, an island, beautiful wood
cabinets, large pantry for storage, and stainless steel appliances.
Quality Custom Homes includes higher end fixtures throughout
the home. The primary bath has a very nice shower with a
calming spa feel. There is a dedicated laundry room and a
beautiful patio! PLEASE NOTE: This home will be completed
roughly by mid November, if you make an offer soon you can be a
part of the selection process and give it your own style!!
Unit Size
1,058 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$175
Property Type
House
Property Taxes
$13
HOA Dues
$32
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: 6 months ago (HAR #77012302)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2022 | Sold | ||
| Sold | |||
| Sep 14, 2022 | Listed by Keller Williams Advtge Realty | $184,900 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
|
New construction by Quality Custom Homes! One story 3 bedroom, 2 bathroom charmer with a multi purpose bonus room!! Large open-concept living area with lots of natural light, wood look tile floors, and high vaulted ceilings which provide a wonderful sense of space. The kitchen boasts a fresh modern look with gorgeous granite countertops, an island, beautiful wood cabinets, large pantry for storage, and stainless steel appliances. Quality Custom Homes includes higher end fixtures throughout the home. The primary bath has a very nice shower with a calming spa feel. There is a dedicated laundry room and a beautiful patio! PLEASE NOTE: This home will be completed roughly by mid November, if you make an offer soon you can be a part of the selection process and give it your own style!!
| |||
Property Highlights
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 Lake Conroe Village
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Currently no similar homes aroundNearby Rentals
Listed by: John Goerner, Keller Williams Advtge Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 77012302
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Last Updated: 6 months ago
Data Source: HAR , MLS# 77012302
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