$234,900 Last Listed Price
●
House -
Off Market
27238 Paula Lane
Conroe, TX 77385
4 Beds
2 Baths,
1
Half Bath
2,087 Ft²
$298,802
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Fabulous 4 bedroom/2.5 bath home located in the heart of Oak Ridge
North. Minutes from I-45, The Woodlands, Conroe and Houston.
Kitchen has recently been updated with Maple Butcher block
countertops and a farm style sink. Primary bath and closet are
incredible with so much built in storage, double basins, huge walk
in shower and tons of additional storage. Huge lot with fabulous
front and back yard. Tons of room for a pool! The plumbing, windows
and electrical panel were updated recently as well. The garage is
oversized with additional room for storage or workshop in the
back....and still room to the right of the garage for additional
fenced in storage. Don't miss out on the potential of this home and
location!
Unit Size
2,087 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$113
Property Type
House
Property Taxes
$391
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 #45570681)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Nov 16, 2020 | Listed by Southern Properties & Estates | $234,900 | |
| Listed by Southern Properties & Estates | |||
| | |||
|
Fabulous 4 bedroom/2.5 bath home located in the heart of Oak Ridge North. Minutes from I-45, The Woodlands, Conroe and Houston. Kitchen has recently been updated with Maple Butcher block countertops and a farm style sink. Primary bath and closet are incredible with so much built in storage, double basins, huge walk in shower and tons of additional storage. Huge lot with fabulous front and back yard. Tons of room for a pool! The plumbing, windows and electrical panel were updated recently as well. The garage is oversized with additional room for storage or workshop in the back....and still room to the right of the garage for additional fenced in storage. Don't miss out on the potential of this home and location!
| |||
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 Oak Ridge North
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Listed by: Stacey Simpson, Southern Properties & Estates
Last Updated: 5 months ago
Data Source: HAR , MLS# 45570681
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45570681
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