4770 Misty Ranch Drive
About This Property
features an open concept floor plan with 3 beds, 2 baths, island kitchen with sleek granite
open to a spacious family room. Private master suite w/dual vanities, HUGE shower and walk-incloset.
The two secondary bedrooms share a full bath. The backyard has a covered outdoor porch
with a lovely view of the preserve behind the home. Residents enjoy resort style rec. center,
pool w/splash pad, lakes, walking trails, multi-use court & playgrounds. Zoned to the highly
sought after Conroe ISD. Only minutes from The Woodlands Exxon Campus, Downtown Houston & lots
of nearby shopping and dining. Water Softener Stays!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Martha Turner Sotheby's | $299,900 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Better than new charming one story in the desirable subdivision of Harmony Village! The house
features an open concept floor plan with 3 beds, 2 baths, island kitchen with sleek granite
open to a spacious family room. Private master suite w/dual vanities, HUGE shower and walk-incloset.
The two secondary bedrooms share a full bath. The backyard has a covered outdoor porch
with a lovely view of the preserve behind the home. Residents enjoy resort style rec. center,
pool w/splash pad, lakes, walking trails, multi-use court & playgrounds. Zoned to the highly
sought after Conroe ISD. Only minutes from The Woodlands Exxon Campus, Downtown Houston & lots
of nearby shopping and dining. Water Softener Stays!
| |||
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Last Updated: 6 months ago
Data Source: HAR , MLS# 29337243
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