$135,000 Last Listed Price
●
Land -
Off Market
3817 Northshore Drive
Montgomery, TX 77356
Studio
0 Bath
$153,252
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Build your custom waterfront home in the highly sought after
community of Walden on Lake Conroe. Great opportunity to buy
your lot now, and build when you are ready. Not many lots
left in this neighborhood. This canal front lot has a nice
view of open water. Be on the main lake in less than a
minutes time! The location of this lot is one of the highest
elevations in Walden. Approximate lot dimensions are included in
the listing. Plat map can be viewed at the Walden on Lake
Conroe CIA office. Community pool, fitness center, parks, 2
boat ramps (Lake Conroe), yacht club, golf course (with addt'l
membership fee), tennis & walking trails. Elementary school
and fire station, Walden church & several retail businesses &
police sub station all within this community. Come live where
others vacation!! Located just a couple of miles from the new
Margaritaville Lake Resort.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$119
HOA Dues
$79
Year Built
-
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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 #89112190)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Feb 27, 2021 | Listed by Lake & Lifestyle Realty | $135,000 | |
| Listed by Lake & Lifestyle Realty | |||
| | |||
|
Build your custom waterfront home in the highly sought after community of Walden on Lake Conroe. Great opportunity to buy your lot now, and build when you are ready. Not many lots left in this neighborhood. This canal front lot has a nice view of open water. Be on the main lake in less than a minutes time! The location of this lot is one of the highest elevations in Walden. Approximate lot dimensions are included in the listing. Plat map can be viewed at the Walden on Lake Conroe CIA office. Community pool, fitness center, parks, 2 boat ramps (Lake Conroe), yacht club, golf course (with addt'l membership fee), tennis & walking trails. Elementary school and fire station, Walden church & several retail businesses & police sub station all within this community. Come live where others vacation!! Located just a couple of miles from the new Margaritaville Lake Resort.
| |||
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 Walden
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rhonda Stoyanov, Lake & Lifestyle Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 89112190
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89112190
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