$385,000 Last Listed Price
●
House -
Off Market
2 Lancelot Lane
Conroe, TX 77304
4 Beds
2 Baths,
2
Half Baths
2,937 Ft²
$385,645
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
One of the largest homes found in the desirable Rivershire
community is move-in ready. As you step inside, you will
notice the painted walls and new floors throughout the home. The
floor plan is perfect for entertaining, with a spacious family
room, dining area, and kitchen. The kitchen has been updated with
all new countertops, fixtures, and lighting. All four
bedrooms are found upstairs, providing privacy and separation from
the main living areas. The primary bedroom features an en-suite
bathroom with all new toilets and plenty of closet space. Outside,
the home has a screened porch and a large backyard, perfect for
outdoor activities or relaxing on a weekend. The home is in Conroe
ISD, a top-rated school district and is close to shopping and the
Grand Central Community. Please see 360 video attached to the
listing. Thanks for showing!
Unit Size
2,937 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$131
Property Type
House
Property Taxes
$409
HOA Dues
$23
Year Built
1977
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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 #29741611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by ELET Realty, LLC | $385,000 | |
| Listed by ELET Realty, LLC | |||
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by Direct Real Estate Group | $299,000 | |
| Listed by Direct Real Estate Group | |||
| | |||
|
This is one of the most spacious homes in Rivershire with a huge GAMEROOM on the 1st Floor with Cathedral Ceilings, Wood Beams, Stone Fireplace, Block Paneled walls, Built-ins w/Glass Front Doors, New Carpet Throughout the Home in June 2019, NEW Oven, Microwave and Stove Top in 2018, Fans in all Bedrooms, TWO fireplaces, new Blinds in 2019 and Full Master Bathroom & Upstairs Guest Bath UPDATED. This home gives you BOTH Formal Dining and Living rooms, additional Work Out Room/Play room with Exterior Door Exit, Enclosed Porch w/Fan. EXTERIOR was painted in 2018 as well as Storm Drains added & Storm Windows in 2018, A/C updated in 2017 and new Sprinkler System in 2018. Seller has great pride in Ownership and it SHOWS. Pool Table stays with home for FREE. OTHER ITEMS IN HOME ARE AVAILABLE AS WELL.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Conroe
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Listed by: Lynn Nichols, ELET Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 29741611
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Last Updated: 5 months ago
Data Source: HAR , MLS# 29741611
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