$339,990 Last Listed Price
●
House -
Off Market
26902 Cherokee Lane
Magnolia, TX 77354
3 Beds
2 Baths
1,850 Ft²
$350,110
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
NEED SOME ELBOW ROOM? Look no further -- 1 ACRE LOT with light
restrictions and LOW TAXES! Private well and septic and just
minutes from Hwy 249 with easy access to Grand Parkway. Enjoy lots
of nearby shopping and dining! Private gated entrance leading to
this 3 bed, 2 bath home with wood look tile flooring, fresh
interior paint, and so much more! GRANITE kichen w/ stainless steel
appliance, breakfast bar, and open living room with wood burning
fireplace. The outdoor space is a MUST SEE -- 3 CAR DETACHED GARAGE
with attached workshop area, 2-car carport, HUGE covered patio,
fully fenced in property, and located in the sought-after MAGNOLIA
ISD school zone.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$184
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1999
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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 #72955788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Jan 17, 2022 | Listed by Keller Williams Woodlands | $339,990 | |
| Listed by Keller Williams Woodlands | |||
| | |||
|
NEED SOME ELBOW ROOM? Look no further -- 1 ACRE LOT with light restrictions and LOW TAXES! Private well and septic and just minutes from Hwy 249 with easy access to Grand Parkway. Enjoy lots of nearby shopping and dining! Private gated entrance leading to this 3 bed, 2 bath home with wood look tile flooring, fresh interior paint, and so much more! GRANITE kichen w/ stainless steel appliance, breakfast bar, and open living room with wood burning fireplace. The outdoor space is a MUST SEE -- 3 CAR DETACHED GARAGE with attached workshop area, 2-car carport, HUGE covered patio, fully fenced in property, and located in the sought-after MAGNOLIA ISD school zone.
| |||
| Feb 8, 2019 | Sold | ||
| Sold | |||
| Dec 18, 2018 | Listed by RE/MAX Elite Properties | $239,000 | |
| Listed by RE/MAX Elite Properties | |||
| | |||
|
This home is a FIND! One story home, fully fenced, three bedrooms, two bathrooms, granite countertops, LARGE LOT!!, detached THREE CAR garage, plus workshop, carport, and covered patio. Almost one acre, lightly restricted in desirable Magnolia ISD. This home is ready for your family and a little TLC.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Spring Creek Forest North
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Listed by: Jeremy Larkin, Keller Williams Woodlands
Last Updated: 6 months ago
Data Source: HAR , MLS# 72955788
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Last Updated: 6 months ago
Data Source: HAR , MLS# 72955788
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