$1,200,000 Last Listed Price
●
House -
Off Market
28432 Meadow Forest
Magnolia, TX 77355
4 Beds
4 Baths,
1
Half Bath
5,593 Ft²
$1,386,920
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Beauty & nature abound in this Stunning 5,593sf 4B/4.5B Custom
built home! It sits on Tee Box 1 of High Meadow Golf Course &
includes lot 10 for 2.82 acres on the cul-de-sac. Soaring ceilings,
exposed beams & lovely wood & tile floors throughout. The inviting
family room has ceiling to floor windows, custom built-ins & secret
storage. It opens to a gourmet kitchen w/2 islands, granite
counters, SS appliances, double ovens, gas cooktop w/griddle,
"Sonic" ice maker & more! The primary retreat offers trey ceilings,
sitting area w/private entrance outside, ensuite w/kitchenette,
flex room, massive walk-in shower, his/hers closets, jetted tub &
separate vanities. A separate corridor has 3 add'l bedrooms
w/ensuites & entrance to 1000sf flex space upstairs that's
pre-plumbed & ready for buildout. Formal dining, massive study,
media room, wine room, 4 car garage, whole home generator & vacuum,
water softener/purification, Pex plumbing, huge laundry room & so
much more! Magnolia ISD & low tax!
Unit Size
5,593 Ft²
Days on Market
-
Land Size
2.82 acres
Price per sqft
$215
Property Type
House
Property Taxes
$2,042
HOA Dues
$65
Year Built
2009
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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 #79364460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by Keller Williams Professionals | $1,200,000 | |
| Listed by Keller Williams Professionals | |||
| | |||
|
Beauty & nature abound in this Stunning 5,593sf 4B/4.5B Custom built home! It sits on Tee Box 1 of High Meadow Golf Course & includes lot 10 for 2.82 acres on the cul-de-sac. Soaring ceilings, exposed beams & lovely wood & tile floors throughout. The inviting family room has ceiling to floor windows, custom built-ins & secret storage. It opens to a gourmet kitchen w/2 islands, granite counters, SS appliances, double ovens, gas cooktop w/griddle, "Sonic" ice maker & more! The primary retreat offers trey ceilings, sitting area w/private entrance outside, ensuite w/kitchenette, flex room, massive walk-in shower, his/hers closets, jetted tub & separate vanities. A separate corridor has 3 add'l bedrooms w/ensuites & entrance to 1000sf flex space upstairs that's pre-plumbed & ready for buildout. Formal dining, massive study, media room, wine room, 4 car garage, whole home generator & vacuum, water softener/purification, Pex plumbing, huge laundry room & so much more! Magnolia ISD & low tax!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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Closing Price
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HOA + Taxes
About High Meadow Ranch
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Listed by: Vasha Chevalier, Keller Williams Professionals
Last Updated: 5 months ago
Data Source: HAR , MLS# 79364460
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Last Updated: 5 months ago
Data Source: HAR , MLS# 79364460
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