$314,000 Last Listed Price
●
House -
Off Market
48 Presidio Road
Montgomery, TX 77356
4 Beds
2 Baths,
1
Half Bath
2,407 Ft²
$381,847
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautiful 2 story stone and brick home located on the 5th green of
the The Golf Club at Margaritaville Resort. Two story ceilings
throughout the entry and living area with a wall of windows for
tons of natural light looking out to the golf course. Open concept
kitchen/breakfast/living area perfect for entertaining. Kitchen has
granite counters, wood cabinetry and stainless steel appliances.
Spacious first floor primary bedroom with en suite primary bath
which includes separate shower and soaker tub, double sinks,
granite counter and walk in closet. Upstairs includes game room, 3
bedrooms, full bath and extra nook for your home study or craft
area. A/C compressor was replaced in 2019. Backyard fully fenced
with wrought iron. Located in walking distance to Margaritaville
Resort and in the award-winning MISD with convenient access to Lake
Conroe, Downtown Montgomery, grocery, shops, and highways for
commuters. This is a must see!
Unit Size
2,407 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$130
Property Type
House
Property Taxes
$380
HOA Dues
$63
Year Built
2016
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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 #88721608)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by Martha Turner Sotheby's | $314,000 | |
| Listed by Martha Turner Sotheby's | |||
| | |||
|
Beautiful 2 story stone and brick home located on the 5th green of the The Golf Club at Margaritaville Resort. Two story ceilings throughout the entry and living area with a wall of windows for tons of natural light looking out to the golf course. Open concept kitchen/breakfast/living area perfect for entertaining. Kitchen has granite counters, wood cabinetry and stainless steel appliances. Spacious first floor primary bedroom with en suite primary bath which includes separate shower and soaker tub, double sinks, granite counter and walk in closet. Upstairs includes game room, 3 bedrooms, full bath and extra nook for your home study or craft area. A/C compressor was replaced in 2019. Backyard fully fenced with wrought iron. Located in walking distance to Margaritaville Resort and in the award-winning MISD with convenient access to Lake Conroe, Downtown Montgomery, grocery, shops, and highways for commuters. This is a must see!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
Price/ft²
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Listed On
Closing Price
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Sold On
HOA + Taxes
About Del Lago
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Currently no similar homes aroundNearby Rentals
Listed by: Jenny Overstreet, Martha Turner Sotheby's
Last Updated: 4 months ago
Data Source: HAR , MLS# 88721608
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Last Updated: 4 months ago
Data Source: HAR , MLS# 88721608
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