$169,900 Last Listed Price
●
House -
Off Market
28603 Elm Trace Drive
Magnolia, TX 77355
3 Beds
2 Baths
1,536 Ft²
$187,180
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Enjoy peaceful country living in the Magnolia area. Acclaimed
schools just minutes away, nearby downtown Magnolia and close to
the Texas Renaissance Festival area. This split plan has made
great use of the square feet, note the rooms sizes All
bedrooms have walk in closets, 2 are extra large. Primary bath has
a garden tub, separate shower, double sinks and plenty of towel
racks. Kitchen includes fridge, stove, dishwasher and
microwave. The combo dining/kitchen has a pass through bar to
living area and extra china cabinets. The family room has
built in cabinets and shelving. All new carpet through out
the non wet areas. Fresh paint and new blinds. Laundry with room
for storage off the kitchen, back entrance and primary bedroom.
Exterior skirting around the whole double wide home, new front
porch and walkway. Exterior storage shed, aerobic sewer
system, and beautiful trees on this corner acre. Roof is only
five years new. NO FLOODING.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$111
Property Type
House
Property Taxes
$33
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: 4 months ago (HAR #98402042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by ASIN Realty | $180,000 | |
| Listed by ASIN Realty | |||
| | |||
|
Beautiful and peaceful home in the Magnolia area. Great schools just minutes away. This split plan has made great use of the square feet. All bedrooms have walk in closets, 2 are extra large. Primary bath has a garden tub, separate shower, double sinks and plenty of towel racks. Kitchen includes fridge, stove, dishwasher and microwave. The combo dining/kitchen has a pass through bar to living area and extra china cabinets. The family room has built in cabinets and shelving. All new carpet through out the non wet areas. Fresh paint and new blinds. Laundry with room for storage off the kitchen, back entrance and primary bedroom. Exterior skirting around the whole double wide home, new front porch and walkway. Exterior storage shed, aerobic sewer system, and beautiful trees on this corner
acre. Roof is only five years new. NO FLOODING.
| |||
| Dec 16, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2021 | Listed by Howard Home Realty | $169,900 | |
| Listed by Howard Home Realty | |||
| | |||
|
Enjoy peaceful country living in the Magnolia area. Acclaimed schools just minutes away, nearby downtown Magnolia and close to the Texas Renaissance Festival area. This split plan has made great use of the square feet, note the rooms sizes All bedrooms have walk in closets, 2 are extra large. Primary bath has a garden tub, separate shower, double sinks and plenty of towel racks. Kitchen includes fridge, stove, dishwasher and microwave. The combo dining/kitchen has a pass through bar to living area and extra china cabinets. The family room has built in cabinets and shelving. All new carpet through out the non wet areas. Fresh paint and new blinds. Laundry with room for storage off the kitchen, back entrance and primary bedroom. Exterior skirting around the whole double wide home, new front porch and walkway. Exterior storage shed, aerobic sewer system, and beautiful trees on this corner acre. Roof is only five years new. NO FLOODING.
| |||
Property Highlights
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
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HOA + Taxes
About Sawmill Estates
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Listed by: Cathryn Howard, Howard Home Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 98402042
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Last Updated: 4 months ago
Data Source: HAR , MLS# 98402042
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