$374,900 Last Listed Price
●
House -
Off Market
30402 Dobbin Huffsmith
Magnolia, TX 77354
3 Beds
3 Baths
2,001 Ft²
$501,314
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Commercial, or Residential !!!! Perfect commercial opportunity to
live on the premises and work from the warehouse or turn the house
into offices. The house is attached to the 40x60 metal warehouse
building with three roll-up doors. The sellers have lived in the
3-BR, 3-bath house and used the warehouse for their business.
Sitting on 1.5 fully fenced acres (+-) on the corner of Dobbin
Huffsmith & Oakwood Lane with an entrance from both roads. All
utilities are available, septic system for sewer, public water.
Conveniently close-in location, only 10-minutes from the back of
The Woodlands, 20-minutes from The Grand Parkway (99), and
10-minutes from the new SH-249 tollway to open in early 2020. The
property is very versatile and could be used for a number of
different businesses. There are also 3-RV hookups with 50-amp
service and sewage hook up's.
Unit Size
2,001 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$187
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
1993
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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 #93626690)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2020 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by RE/MAX The Woodlands & Spring | $374,900 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
Commercial, or Residential !!!! Perfect commercial opportunity to live on the premises and work from the warehouse or turn the house into offices. The house is attached to the 40x60 metal warehouse building with three roll-up doors. The sellers have lived in the 3-BR, 3-bath house and used the warehouse for their business. Sitting on 1.5 fully fenced acres (+-) on the corner of Dobbin Huffsmith & Oakwood Lane with an entrance from both roads. All utilities are available, septic system for sewer, public water. Conveniently close-in location, only 10-minutes from the back of The Woodlands, 20-minutes from The Grand Parkway (99), and 10-minutes from the new SH-249 tollway to open in early 2020. The property is very versatile and could be used for a number of different businesses. There are also 3-RV hookups with 50-amp service and sewage hook up's.
| |||
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Oakwood Acres
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Listed by: Gary Stallings, RE/MAX The Woodlands & Spring
Last Updated: 6 months ago
Data Source: HAR , MLS# 93626690
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Last Updated: 6 months ago
Data Source: HAR , MLS# 93626690
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