50
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$785,000 Last Listed Price
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House -
Off Market
28412 Eagle Ridge Drive
Magnolia, TX 77355
4 Beds
3 Baths
4,193 Ft²
$864,839
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Here is your chance to own a custom 1-story in High Meadow Ranch on
1.2 acres on the golf course in a private cul-de-sac! This gorgeous
home features: 3 car garage with stairs to walk-up storage; private
entrance to a 2 room home office area that could also be used as
secondary Bedroom, Gameroom or Mother In Law Suite with a full bath
and kitchenette area; open floor plan with extensive storage; large
Family Room overlooking the private, wooded backyard with a
corner stone gas fireplace, coffered ceiling and custom built-ins;
spacious Secondary Bedrooms #2 and #3 that share a large Bathroom;
enormous Primary Bedroom with gorgeous views and adjacent Primary
Bathroom with separate vanities, large whirlpool tub, huge walk-in
shower and spacious closet; island Kitchen with double ovens, gas
cooktop, walk-in pantry and custom alder wood cabinets; amazing
back patio with views of the sprawling yard, woods and golf course;
8 foot doors; premium roof.
Unit Size
4,193 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$187
Property Type
House
Property Taxes
$985
HOA Dues
$100
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: 10 months ago (HAR #53275190)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| May 13, 2021 | Listed by RE/MAX Preferred Homes | $785,000 | |
| Listed by RE/MAX Preferred Homes | |||
| | |||
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Here is your chance to own a custom 1-story in High Meadow Ranch on 1.2 acres on the golf course in a private cul-de-sac! This gorgeous home features: 3 car garage with stairs to walk-up storage; private entrance to a 2 room home office area that could also be used as secondary Bedroom, Gameroom or Mother In Law Suite with a full bath and kitchenette area; open floor plan with extensive storage; large Family Room overlooking the private, wooded backyard with a corner stone gas fireplace, coffered ceiling and custom built-ins; spacious Secondary Bedrooms #2 and #3 that share a large Bathroom; enormous Primary Bedroom with gorgeous views and adjacent Primary Bathroom with separate vanities, large whirlpool tub, huge walk-in shower and spacious closet; island Kitchen with double ovens, gas cooktop, walk-in pantry and custom alder wood cabinets; amazing back patio with views of the sprawling yard, woods and golf course; 8 foot doors; premium roof.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About High Meadow Ranch
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Listed by: David Jordan, RE/MAX Universal
Last Updated: 10 months ago
Data Source: HAR , MLS# 53275190
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Last Updated: 10 months ago
Data Source: HAR , MLS# 53275190
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