$375,000 Last Listed Price
●
House -
Off Market
2402 Ripplewood Drive
Conroe, TX 77384
3 Beds
2 Baths
1,739 Ft²
$2,291
Est. Monthly
$17
HOA / Fees
About This Property
This charming one-story house is situated on a massive lot & is the
perfect blend of country living and city convenience. Upon entry,
you'll notice the spacious open concept from the kitchen area into
the dining & living area. Kitchen offers granite counters &
stainless-steel appliances. Owners suite has dual sinks, separate
tub & frameless walk-in shower. Two other guest bedrooms & full
bathroom tucked away from the primary suite giving everyone the
space they need to relax & unwind. Step outside & you'll find a
huge covered back deck, perfect for enjoying the beautiful outdoors
in any weather. The deck overlooks the expansive backyard,
providing plenty of space for outdoor activities & fun.
Additionally, there is a storage shed with electricity that can be
used as a workspace or additional storage & a hot tub for relaxing.
Woodlands schools! Utility room is currently connected in garage,
but can be easily be put back into the house. Former laundry room
was converted to large closet.
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$216
Property Type
House
Property Taxes
$432
HOA Dues
$17
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: 4 months ago (HAR #76367230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by Richmond Realty Group | $375,000 | |
| Listed by Richmond Realty Group | |||
| | |||
|
This charming one-story house is situated on a massive lot & is the perfect blend of country living and city convenience. Upon entry, you'll notice the spacious open concept from the kitchen area into the dining & living area. Kitchen offers granite counters & stainless-steel appliances. Owners suite has dual sinks, separate tub & frameless walk-in shower. Two other guest bedrooms & full bathroom tucked away from the primary suite giving everyone the space they need to relax & unwind. Step outside & you'll find a huge covered back deck, perfect for enjoying the beautiful outdoors in any weather. The deck overlooks the expansive backyard, providing plenty of space for outdoor activities & fun. Additionally, there is a storage shed with electricity that can be used as a workspace or additional storage & a hot tub for relaxing. Woodlands schools! Utility room is currently connected in garage, but can be easily be put back into the house. Former laundry room was converted to large closet.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Listed by: Zach Richmond, Richmond Realty Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 76367230
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Last Updated: 4 months ago
Data Source: HAR , MLS# 76367230
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