$299,500 Last Listed Price
●
House -
Off Market
2023 Medway Drive
Spring, TX 77386
4 Beds
2 Baths,
1
Half Bath
2,614 Ft²
$342,760
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This gorgeous home with it's soaring ceilings has been completely
updated in 2021. New interior gray paint with white trim,
New Luxury Vinyl Plank downstairs with new carpet in all of
the bedrooms. The kitchen is open to the family room and
boasts granite counter tops, a new wine refrigerator, a breakfast
bar and a white subway tile back splash. There are high
ceilings in the family room as well as the primary bedroom. The
primary bathroom has a new vanity with granite top and there is a
new vanity with granite top in the downstairs powder room.
Ceiling fans in all bedrooms. The upstairs has a flex space that
can be used for a media room, office or Texas basement. The
upstairs HVAC 2018, oven 2019, dishwasher and cooktop 2016,
disposal 2018, roof 2017. The home is in Imperial Oaks with
its many amenities including a pool, tennis courts, clubhouse, and
park as as well as being zoned to Conroe schools. Great location
with easy access to I-45 and the Grand Parkway.
Unit Size
2,614 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$115
Property Type
House
Property Taxes
$490
HOA Dues
$42
Year Built
1993
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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 #18176188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2021 | Sold | ||
| Sold | |||
| May 12, 2021 | Listed by Venture Realty | $299,500 | |
| Listed by Venture Realty | |||
| | |||
|
This gorgeous home with it's soaring ceilings has been completely updated in 2021. New interior gray paint with white trim, New Luxury Vinyl Plank downstairs with new carpet in all of the bedrooms. The kitchen is open to the family room and boasts granite counter tops, a new wine refrigerator, a breakfast bar and a white subway tile back splash. There are high ceilings in the family room as well as the primary bedroom. The primary bathroom has a new vanity with granite top and there is a new vanity with granite top in the downstairs powder room. Ceiling fans in all bedrooms. The upstairs has a flex space that can be used for a media room, office or Texas basement. The upstairs HVAC 2018, oven 2019, dishwasher and cooktop 2016, disposal 2018, roof 2017. The home is in Imperial Oaks with its many amenities including a pool, tennis courts, clubhouse, and park as as well as being zoned to Conroe schools. Great location with easy access to I-45 and the Grand Parkway.
| |||
Property Highlights
Fireplace
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 Imperial Oaks
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Listed by: Lisa Brown, Venture Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 18176188
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Last Updated: 5 months ago
Data Source: HAR , MLS# 18176188
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