$525,000 Last Listed Price
●
House -
Off Market
24510 Pipestem Drive
Magnolia, TX 77355
3 Beds
2 Baths,
1
Half Bath
2,673 Ft²
$590,863
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
A true gem and one of a kind! Channeling evenings of sweet tea on
its extended covered porch with a Norman Rockwell elevation, this
home exudes charm & many upgrades inside and out. Situated on an
acre, this pristine and well cared for home is accented by floor to
ceiling windows in the living room with views out to your tree
lined oasis. The delightful kitchen opens up to the dining and
living area, ideal for entertaining with distressed cabinets,
specious prep island and full package of GE Cafe appliances. The
primary down is oversized with airy & updated en suite bath with
bonus double walk in closets. Study down makes working from home a
breeze. Large gameroom and two large bedrooms with full bath
upstairs. Outside, the magic continues with unheard of 28x23
storage shed for an addition 2+ cars/toys with outdoor prep
kitchen, covered wood accented patio space and custom firepit area.
Port Cochere lends itself to boat/trailer storage in addition to 2
car garage. Roof 2020, HVAC 2019.
Unit Size
2,673 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$196
Property Type
House
Property Taxes
$503
HOA Dues
$18
Year Built
2003
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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 #92750401)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by BHGRE Gary Greene | $525,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
A true gem and one of a kind! Channeling evenings of sweet tea on its extended covered porch with a Norman Rockwell elevation, this home exudes charm & many upgrades inside and out. Situated on an acre, this pristine and well cared for home is accented by floor to ceiling windows in the living room with views out to your tree lined oasis. The delightful kitchen opens up to the dining and living area, ideal for entertaining with distressed cabinets, specious prep island and full package of GE Café appliances. The primary down is oversized with airy & updated en suite bath with bonus double walk in closets. Study down makes working from home a breeze. Large gameroom and two large bedrooms with full bath upstairs. Outside, the magic continues with unheard of 28x23 storage shed for an addition 2+ cars/toys with outdoor prep kitchen, covered wood accented patio space and custom firepit area. Port Cochere lends itself to boat/trailer storage in addition to 2 car garage. Roof 2020, HVAC 2019.
| |||
Property Highlights
Air Conditioning
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 Clear Creek Forest
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Listed by: Lacey Cannon, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 92750401
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Last Updated: 5 months ago
Data Source: HAR , MLS# 92750401
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