$425,000 Last Listed Price
●
House -
Off Market
245 Forest Way
Conroe, TX 77304
3 Beds
2 Baths,
1
Half Bath
2,630 Ft²
$497,269
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
LOCATION, LOCATION, LOCATION! Last of the country living right here
in the heart of Conroe. This beautiful home sits on nearly
one acre of property and will not last long. The home is well
maintained and the owner has shown great pride in the home. So much
charm and character you will definitely not be disappointed.
Enjoy coffee, cocktails and entertain your family and friends
poolside this summer while enjoying the NEW covered patio with
fireplace. It's gorgeous and a must see. Private door from the
Primary bath leads to the backyard pool. This home has a gated
entry with 3 car garage, 3 car carport, covered area out back for
your RV or boat and a circle driveway. Brand NEW windows, NEW
paint, NEW carpet upstairs and tankless water heater. No MUD or
HOA. Minutes from Lake Conroe, I-45, and very convenient to
shopping, doctors, airport, schools and more! This home has NEVER
FLOODED. Make 245 Forest Way your home sweet home today!
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$162
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1968
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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 #24305926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by The Right Choice Realty | $425,000 | |
| Listed by The Right Choice Realty | |||
| | |||
|
LOCATION, LOCATION, LOCATION! Last of the country living right here in the heart of Conroe. This beautiful home sits on nearly one acre of property and will not last long. The home is well maintained and the owner has shown great pride in the home. So much charm and character you will definitely not be disappointed. Enjoy coffee, cocktails and entertain your family and friends poolside this summer while enjoying the NEW covered patio with fireplace. It's gorgeous and a must see. Private door from the Primary bath leads to the backyard pool. This home has a gated entry with 3 car garage, 3 car carport, covered area out back for your RV or boat and a circle driveway. Brand NEW windows, NEW paint, NEW carpet upstairs and tankless water heater. No MUD or HOA. Minutes from Lake Conroe, I-45, and very convenient to shopping, doctors, airport, schools and more! This home has NEVER FLOODED. Make 245 Forest Way your home sweet home today!
| |||
Property Highlights
Fireplace
Garage
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 Country Club Forest
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Listed by: Julie Bickle, The Right Choice Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 24305926
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Last Updated: 5 months ago
Data Source: HAR , MLS# 24305926
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