$800,000 Last Listed Price
●
House -
Off Market
28652 Champions Drive
Magnolia, TX 77355
4 Beds
4 Baths,
1
Half Bath
4,152 Ft²
$994,781
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Majestically situated on an acre golf course lot overlooking the
8th fairway of High Meadow Ranch Golf Course. An oversized porch
with a custom door reveals a light bright interior palette
complemented by an abundance of natural light. Soaring ceilings are
accessorized by on-trend fixtures & oversized windows.The chef's
island kitchen features custom glass lighted cabinetry, granite
countertops, stone accents, sleek hardware, double ovens and
professional grade stainless steel Bosch appliances.The upstairs
game room is large enough to be a media room combo featuring a bar.
The attic has been decked for ample storage.Both primary bedrooms
and all bedroom suites are on the main level with en-suite baths
and walk in closets. This enormous lot accommodates a double-wide
parking area, 3 car garage with epoxy flooring, heated pool and spa
with rock waterfall, elaborate covered outdoor living area &
fireplace with kitchen & surround sound! Has a generator and new
roof!
Unit Size
4,152 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$193
Property Type
House
Property Taxes
$995
HOA Dues
$52
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: 6 months ago (HAR #18060145)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Martha Turner Sotheby's | $800,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Majestically situated on an acre golf course lot overlooking the 8th fairway of High Meadow Ranch Golf Course. An oversized porch with a custom door reveals a light bright interior palette complemented by an abundance of natural light. Soaring ceilings are accessorized by on-trend fixtures & oversized windows.The chef's island kitchen features custom glass lighted cabinetry, granite countertops, stone accents, sleek hardware, double ovens and professional grade stainless steel Bosch appliances.The upstairs game room is large enough to be a media room combo featuring a bar. The attic has been decked for ample storage.Both primary bedrooms and all bedroom suites are on the main level with en-suite baths and walk in closets. This enormous lot accommodates a double-wide parking area, 3 car garage with epoxy flooring, heated pool and spa with rock waterfall, elaborate covered outdoor living area & fireplace with kitchen & surround sound! Has a generator and new roof!
| |||
Property Highlights
Air Conditioning
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 High Meadow Ranch
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Listed by: Mandy Gonzales, Martha Turner Sotheby's
Last Updated: 6 months ago
Data Source: HAR , MLS# 18060145
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18060145
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