$245,000 Last Listed Price
●
House -
Off Market
29 Cherry Hill Drive
Conroe, TX 77304
3 Beds
2 Baths,
1
Half Bath
3,026 Ft²
$259,917
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Drastically reduced! Charming home on 1-1/2 lots on the #1 fairway
of Panorama's golf course- some updating & repairs needed- selling
as is. Priced below market! Brand new main A/C
condenser, furnace & coil. No maintenance fees in this lovely golf
course community & no mud tax. Tile downstairs w/laminate in
study & primary bedrm. Great storage everywhere-3 pantry areas -1
in formal dining w/drawers & shelves for large items.
Spacious primary bedrm has built in drawers & cabinets & 2
window seats w/storage. The bath has dual sinks, vanity area, walk
in closet w/pocket door, oversized jacuzzi tub, separate shower,
walk-in closet & 2 separate toilets. Laundry room has space
for additional refrigerator & an abundance of cabinets & hang up
space. Built in desk area/butler's pantry in living room. 2
bedrms up w/full bath. See room above garage. Extended
concrete patio in back w/fireplace & fire pit. Enjoy the
beauty & peaceful views all year long!
Unit Size
3,026 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$81
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1974
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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 #28940974)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by Keller Williams Advtge Realty | $245,000 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
|
Drastically reduced! Charming home on 1-1/2 lots on the #1 fairway of Panorama's golf course- some updating & repairs needed- selling as is. Priced below market! Brand new main A/C condenser, furnace & coil. No maintenance fees in this lovely golf course community & no mud tax. Tile downstairs w/laminate in study & primary bedrm. Great storage everywhere-3 pantry areas -1 in formal dining w/drawers & shelves for large items. Spacious primary bedrm has built in drawers & cabinets & 2 window seats w/storage. The bath has dual sinks, vanity area, walk in closet w/pocket door, oversized jacuzzi tub, separate shower, walk-in closet & 2 separate toilets. Laundry room has space for additional refrigerator & an abundance of cabinets & hang up space. Built in desk area/butler's pantry in living room. 2 bedrms up w/full bath. See room above garage. Extended concrete patio in back w/fireplace & fire pit. Enjoy the beauty & peaceful views all year long!
| |||
Property Highlights
Fireplace
Garage
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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Sold On
Sold On
HOA + Taxes
About Panorama
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Listed by: Theresa Scheib, Keller Williams Advtge Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 28940974
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Last Updated: 6 months ago
Data Source: HAR , MLS# 28940974
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