$575,000 Last Listed Price
●
House -
Off Market
40686 Damuth Drive
Magnolia, TX 77354
3 Beds
2 Baths,
1
Half Bath
2,887 Ft²
$3,589
Est. Monthly
$38
HOA / Fees
About This Property
Impeccably designed Dunn & Stone 1 Story in Mostyn Manor! Situated
on ½ acre corner lot, this better than new floor plan has been
upgraded to perfection. Wood beam details & crown moulding for a
custom touch. Kitchen is the heart of the home seamlessly
connecting to formal dining area, breakfast nook, & open living
room. The chef will appreciate double ovens, gas cooktop, farmhouse
sink, & butler's pantry w/wine storage. Living room is flooded
w/natural light & highlights floor to ceiling stone fireplace.
Outside to enjoy expanded 22'x22' covered patio ready w/gas line.
Your personal backyard oasis is complete w/upgraded landscape
package offering additional privacy & a beautiful backdrop to
unwind. Retreat inside to primary suite w/generous walk in closet
plus en-suite bath complete w/double sink vanity, luxurious jet
tub, & walk-in shower. Beds 2-3 share bath #2 w/dual sinks &
separate tub/shower combo. Magnolia ISD + low 1.76 tax rate. See it
Today & Welcome Home!
Unit Size
2,887 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$199
Property Type
House
Property Taxes
$728
HOA Dues
$38
Year Built
2018
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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 #75518303)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by RE/MAX Integrity | $575,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
Impeccably designed Dunn & Stone 1 Story in Mostyn Manor! Situated on ½ acre corner lot, this better than new floor plan has been upgraded to perfection. Wood beam details & crown moulding for a custom touch. Kitchen is the heart of the home seamlessly connecting to formal dining area, breakfast nook, & open living room. The chef will appreciate double ovens, gas cooktop, farmhouse sink, & butler’s pantry w/wine storage. Living room is flooded w/natural light & highlights floor to ceiling stone fireplace. Outside to enjoy expanded 22’x22’ covered patio ready w/gas line. Your personal backyard oasis is complete w/upgraded landscape package offering additional privacy & a beautiful backdrop to unwind. Retreat inside to primary suite w/generous walk in closet plus en-suite bath complete w/double sink vanity, luxurious jet tub, & walk-in shower. Beds 2-3 share bath #2 w/dual sinks & separate tub/shower combo. Magnolia ISD + low 1.76 tax rate. See it Today & Welcome Home!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
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Listed by: Lyndsie Gourley, RE/MAX Integrity
Last Updated: 6 months ago
Data Source: HAR , MLS# 75518303
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Last Updated: 6 months ago
Data Source: HAR , MLS# 75518303
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