$274,999 Last Listed Price
●
House -
Off Market
30510 Red Bluff Circle
Magnolia, TX 77355
5 Beds
4 Baths
3,092 Ft²
$321,761
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
This beautiful, large home is located on a lot with no backyard
neighbors! The backyard is the perfect spot to relax and entertain
with the covered porch and inviting atmosphere. The inside of this
home boasts 5 bedrooms, 4 baths, plus huge game room, office and
craft room! There is plenty of room for the entire family plus
some. There is one bedroom and connecting bath downstairs
that make a perfect, mother-in-law suite or guest suite, as it is
being used now. Additionally, there is a versatile room
downstairs that can be a formal dining, office, or sitting room.
Updates include a large custom island, new quartz countertops,
stainless steel appliances and newly refinished cabinets in the
kitchen. In the living room and office you will find new laminate
flooring. Most all bathrooms have new vanities and you will find
new carpet in the bedrooms, game room and stairs. There is a
12ft x 30.5ft covered porch perfect for your backyard events. You
will also find a 8x10 Tuff Shed.
Unit Size
3,092 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$89
Property Type
House
Property Taxes
$402
HOA Dues
$29
Year Built
2006
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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: 5 months ago (HAR #22366132)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2021 | Listed by Elite Texas Properties | $274,999 | |
| Listed by Elite Texas Properties | |||
| | |||
|
This beautiful, large home is located on a lot with no backyard neighbors! The backyard is the perfect spot to relax and entertain with the covered porch and inviting atmosphere. The inside of this home boasts 5 bedrooms, 4 baths, plus huge game room, office and craft room! There is plenty of room for the entire family plus some. There is one bedroom and connecting bath downstairs that make a perfect, mother-in-law suite or guest suite, as it is being used now. Additionally, there is a versatile room downstairs that can be a formal dining, office, or sitting room. Updates include a large custom island, new quartz countertops, stainless steel appliances and newly refinished cabinets in the kitchen. In the living room and office you will find new laminate flooring. Most all bathrooms have new vanities and you will find new carpet in the bedrooms, game room and stairs. There is a 12ft x 30.5ft covered porch perfect for your backyard events. You will also find a 8x10 Tuff Shed.
| |||
Property Highlights
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 Lakes of Magnolia
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Listed by: Cari Chambliss, Elite Texas Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 22366132
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Last Updated: 5 months ago
Data Source: HAR , MLS# 22366132
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