$450,000 Last Listed Price
●
House -
Off Market
214 N Elderberry Trail
Montgomery, TX 77316
2 Beds
2 Baths,
1
Half Bath
2,514 Ft²
$501,782
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Beautifully maintained 2 bed/2.5 bath+study home nestled in a quiet
culdesac next to green space in the Active Adult (55+) community of
Bonterra at Woodforest.Walk up through lush landscaping, through
stately double doors to an open concept floorplan that lends itself
to easy living and effortless entertaining.Flooring throughout (no
carpet) makes maintenance a breeze.Kitchen shines with an oversized
island and gorgeous white cabinets...TONS of cabinet space.Both
bedrooms are spacious and the perfect place to relax.The primary
ensuite features an oversized shower and TWO truly walk in
closets.On the back patio enjoy the expansive outdoor living
spaces, offering relaxation in the sun and in the shade.Bonterra
residents enjoy access to their own 10,000 sqft clubhouse where
various activities are hosted, a pool that rivals most resorts,
fitness center, outdoor kitchen and fire pit, pickle and bocce
ball...so much to enjoy.In addition enjoy all the Woodforest
amenities.
Unit Size
2,514 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$179
Property Type
House
Property Taxes
$891
HOA Dues
$231
Year Built
2016
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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 #86962517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by Rick Lamar Real Estate, LLC | $450,000 | |
| Listed by Rick Lamar Real Estate, LLC | |||
| | |||
|
Beautifully maintained 2 bed/2.5 bath+study home nestled in a quiet culdesac next to green space in the Active Adult (55+) community of Bonterra at Woodforest.Walk up through lush landscaping, through stately double doors to an open concept floorplan that lends itself to easy living and effortless entertaining.Flooring throughout (no carpet) makes maintenance a breeze.Kitchen shines with an oversized island and gorgeous white cabinets...TONS of cabinet space.Both bedrooms are spacious and the perfect place to relax.The primary ensuite features an oversized shower and TWO truly walk in closets.On the back patio enjoy the expansive outdoor living spaces, offering relaxation in the sun and in the shade.Bonterra residents enjoy access to their own 10,000 sqft clubhouse where various activities are hosted, a pool that rivals most resorts, fitness center, outdoor kitchen and fire pit, pickle and bocce ball...so much to enjoy.In addition enjoy all the Woodforest amenities.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montgomery
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Listed by: Heather Lamar, Rick Lamar Real Estate, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 86962517
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Last Updated: 4 months ago
Data Source: HAR , MLS# 86962517
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