$365,000 Last Listed Price
●
House -
Off Market
2668 Magnolia Fair Way
Spring, TX 77386
4 Beds
2 Baths,
1
Half Bath
3,230 Ft²
$2,242
Est. Monthly
$35
HOA / Fees
About This Property
Welcome to your 3,230sf open floorplan home with a big backyard
backing to a massive greenbelt connecting Spring Creek Greenway
with miles of trails. Step onto the impressive front porch, and you
will know you are home. You will love relaxing tree views from the
large windows across the back of this beautiful home. The upgraded
gourmet kitchen will impress, boasting stunning quartz counters, a
large peninsula, reverse osmosis drinking water, an upscale
range/stove, and a walk-in pantry. The kitchen overlooks a spacious
family room. The first-floor owner's suite is your private oasis
and offers an ensuite bath featuring a garden tub, shower, and a
walk-in closet. The second-floor gameroom overlooks a field of
green where deer play regularly. Also on the second floor is a
media room, home office, and three large bedrooms (two with walk-in
closets)! Sprinkler System. New roof 2023. 15 minutes from The
Woodlands and only 20 minutes from the Exxon campus. LOW TAX RATE
and NEVER FLOODED.
Unit Size
3,230 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$113
Property Type
House
Property Taxes
$414
HOA Dues
$35
Year Built
2014
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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 #47305312)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Century 21 Realty Partners | $365,000 | |
| Listed by Century 21 Realty Partners | |||
| | |||
|
Welcome to your 3,230sf open floorplan home with a big backyard backing to a massive greenbelt connecting Spring Creek Greenway with miles of trails. Step onto the impressive front porch, and you will know you are home. You will love relaxing tree views from the large windows across the back of this beautiful home. The upgraded gourmet kitchen will impress, boasting stunning quartz counters, a large peninsula, reverse osmosis drinking water, an upscale range/stove, and a walk-in pantry. The kitchen overlooks a spacious family room. The first-floor owner's suite is your private oasis and offers an ensuite bath featuring a garden tub, shower, and a walk-in closet. The second-floor gameroom overlooks a field of green where deer play regularly. Also on the second floor is a media room, home office, and three large bedrooms (two with walk-in closets)! Sprinkler System. New roof 2023. 15 minutes from The Woodlands and only 20 minutes from the Exxon campus. LOW TAX RATE and NEVER FLOODED.
| |||
Property Highlights
Garage
Fireplace
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 Montgomery
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Listed by: David Hageman, Century 21 Realty Partners
Last Updated: 5 months ago
Data Source: HAR , MLS# 47305312
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Last Updated: 5 months ago
Data Source: HAR , MLS# 47305312
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