$498,000 Last Listed Price
●
House -
Off Market
406 Heather Lane
Conroe, TX 77385
4 Beds
2 Baths,
1
Half Bath
3,320 Ft²
$496,147
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Don't miss this lovely 4-5 bedroom 2.5 bath home located in the
highly sought after Oak Ridge North! This wonderful home
features soaring ceilings, wood and tile flooring, formal dining,
home office with a flex area and plenty of natural light. Generous
kitchen with cooktop island and solid wood cabinets. The spacious
primary suite with bay windows is on the 1st floor. 3 large
bedrooms and a bonus area are upstairs. Escape the heat in the huge
backyard with your own pool and spa, a great yard for entertaining.
Whether toasting over the dining room table or snuggling up on the
couch next to the fireplace this home embodies both maximum comfort
and functionality. Roof 2022 Convenient to multiple hospitals,
shopping of all kinds, established and newly opening restaurants,
This great home is ready for it's next story, call and schedule a
viewing today!
Unit Size
3,320 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$150
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1983
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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: 4 months ago (HAR #33918174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | Listed by Executive Texas Realty | $498,000 | |
| Listed by Executive Texas Realty | |||
| | |||
|
Don't miss this lovely 4-5 bedroom 2.5 bath home located in the highly sought after Oak Ridge North! This wonderful home features soaring ceilings, wood and tile flooring, formal dining, home office with a flex area and plenty of natural light. Generous kitchen with cooktop island and solid wood cabinets. The spacious primary suite with bay windows is on the 1st floor. 3 large bedrooms and a bonus area are upstairs. Escape the heat in the huge backyard with your own pool and spa, a great yard for entertaining. Whether toasting over the dining room table or snuggling up on the couch next to the fireplace this home embodies both maximum comfort and functionality. Roof 2022 Convenient to multiple hospitals, shopping of all kinds, established and newly opening restaurants, This great home is ready for it's next story, call and schedule a viewing today!
| |||
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 Oak Ridge North
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Listed by: Kathleen Montes, Executive Texas Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 33918174
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Last Updated: 4 months ago
Data Source: HAR , MLS# 33918174
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