$549,000 Last Listed Price
●
House -
Off Market
31616 Johlke Road
Magnolia, TX 77355
4 Beds
2 Baths,
1
Half Bath
3,187 Ft²
$565,341
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Welcome home! Beautiful, better than new, 4 bedroom, 3 bathroom
home on a 1/3 of an acre. Fantastic Location! Zoned to Tomball ISD
with LOW Montgomery county taxes, and no HOA! This is a one of a
kind opportunity, the home backs up to a farm where you can watch
cattle graze with amazing views. Large, open, split floor plan with
huge kitchen, a gameroom, formal dining, and office! The kitchen
features granite countertops, stainless steel appliances, 5 burner
gas stove, breakfast area and a walk in pantry. A beautiful brick
fireplace is the center piece for the large living room. The home
is light and bright with large windows, a formal entry way, tons of
storage space, a 3 car garage, covered front & back patios, double
wide driveway for plenty of parking. Pre-wired for surround sound,
pre-wired for alarm system, pre-wired for security cameras. To much
to list, this is a must see. Still under builder warranties! Less
than 5 minutes from shopping, dining, gyms, doctors and
entertainment!
Unit Size
3,187 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$172
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
2020
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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 #52734115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jan 20, 2022 | Listed by BHGRE Gary Greene | $549,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Welcome home! Beautiful, better than new, 4 bedroom, 3 bathroom home on a 1/3 of an acre. Fantastic Location! Zoned to Tomball ISD with LOW Montgomery county taxes, and no HOA! This is a one of a kind opportunity, the home backs up to a farm where you can watch cattle graze with amazing views. Large, open, split floor plan with huge kitchen, a gameroom, formal dining, and office! The kitchen features granite countertops, stainless steel appliances, 5 burner gas stove, breakfast area and a walk in pantry. A beautiful brick fireplace is the center piece for the large living room. The home is light and bright with large windows, a formal entry way, tons of storage space, a 3 car garage, covered front & back patios, double wide driveway for plenty of parking. Pre-wired for surround sound, pre-wired for alarm system, pre-wired for security cameras. To much to list, this is a must see. Still under builder warranties! Less than 5 minutes from shopping, dining, gyms, doctors and entertainment!
| |||
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 Montgomery
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Listed by: Victoria Lewis, BHGRE Gary Greene
Last Updated: 6 months ago
Data Source: HAR , MLS# 52734115
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Last Updated: 6 months ago
Data Source: HAR , MLS# 52734115
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