$245,000 Last Listed Price
●
House -
Off Market
46 Regency Point
Montgomery, TX 77356
2 Beds
2 Baths
1,492 Ft²
$259,359
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Located right on Lake Conroe with tons of amenities in gated
community -tennis courts, pool, boat launch, and a common long dock
walkway. Inviting living room w/high ceiling and exposed beams.
Enjoy ease of maintaining wood laminate and tile flooring on the
main level and comfort of carpeting on the second level. Bright
white cabinetry, stainless steel appliances, and sunny breakfast
nook are highlights of the kitchen. Lovely extra loft space
upstairs is perfect for a library, office, or media room. Owners
can relax on main level in primary bedroom complete with en-suite
bath, walk-in closet with built in shelving. Grassy backyard with a
few trees and direct access to the community tennis courts. Lake
access just around the corner.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$164
Property Type
House
Property Taxes
$379
HOA Dues
$308
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: 4 months ago (HAR #12435230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2022 | Listed by Orchard Brokerage | $245,000 | |
| Listed by Orchard Brokerage | |||
| Jan 18, 2019 | Sold | ||
| Sold | |||
| Sep 15, 2018 | Listed by Texas Home Group, REALTORS | $199,900 | |
| Listed by Texas Home Group, REALTORS | |||
| | |||
|
Wonderful location for a weekend get-away or full-time "cottage" living. This home has been meticulously cared for and is a delight to show! You are welcomed into this delightful home with soaring ceilings and beautiful cedar beams complimenting the family room. Kitchen is well planned with lots of storage, granite tile counter tops and stainless appliances. Master and one other nice sized bedroom downstairs with two full baths and a great walk in closet! Floors throughout the downstairs are tile and wood laminate, carpet on stairs and in loft upstairs. Upstairs is currently being used as a second tv space/playroom/bedroom! The possibilities are unlimited! Gated community provides security and privacy with resort style living just steps away from Lake Conroe. Lawn care, sparkling pool, tennis courts and private boat launch and common long dock walkway. Owners may add slip and lift. This community is one of the lake's best kept secrets! Don't miss it!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Regency Point
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Listed by: Sean Thomas, Orchard Brokerage
Last Updated: 4 months ago
Data Source: HAR , MLS# 12435230
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Last Updated: 4 months ago
Data Source: HAR , MLS# 12435230
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