$869,900 Last Listed Price
●
House -
Off Market
2444 Ripplewood Drive
Conroe, TX 77384
4 Beds
3 Baths
2,913 Ft²
$4,974
Est. Monthly
$17
HOA / Fees
About This Property
This charming Texas retreat perfectly blends modern and classic
styles in a comfortable living space with plenty of elbow room.
Zoned to the Woodlands schools, this home truly is one-of-a-kind.
Built in 2021, the home sits on a quiet ~2/3 acre lot with a
gorgeous pool and outdoor space, great for relaxing at the end of a
long day. Or, unwind inside in the infrared sauna or marble-tiled
shower in the master bath. The interior is thoughtfully designed
with 3 bedrooms split on the first level plus a large game room
with one additional bedroom and bath on the second level. You'll
love the quartz and granite countertops, wide-plank flooring, and
cedar beams. The kitchen and patio feature an indoor-outdoor sound
system, perfect for entertaining. Don't miss the hidden loft in one
of the downstairs bedrooms! If you're not already in love with this
home, take a look inside the 35ft shop with a built-in modern
office space and half bath. There's so much to enjoy! Make this
your next home.
Unit Size
2,913 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$299
Property Type
House
Property Taxes
$686
HOA Dues
$17
Year Built
2020
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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 #12764291)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $869,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| | |||
|
This charming Texas retreat perfectly blends modern and classic styles in a comfortable living space with plenty of elbow room. Zoned to the Woodlands schools, this home truly is one-of-a-kind. Built in 2021, the home sits on a quiet ~2/3 acre lot with a gorgeous pool and outdoor space, great for relaxing at the end of a long day. Or, unwind inside in the infrared sauna or marble-tiled shower in the master bath. The interior is thoughtfully designed with 3 bedrooms split on the first level plus a large game room with one additional bedroom and bath on the second level. You'll love the quartz and granite countertops, wide-plank flooring, and cedar beams. The kitchen and patio feature an indoor-outdoor sound system, perfect for entertaining. Don't miss the hidden loft in one of the downstairs bedrooms! If you're not already in love with this home, take a look inside the 35ft shop with a built-in modern office space and half bath. There's so much to enjoy! Make this your next home.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Joshua Want, Compass RE Texas, LLC - The Woodlands
Last Updated: 6 months ago
Data Source: HAR , MLS# 12764291
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Last Updated: 6 months ago
Data Source: HAR , MLS# 12764291
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