$350,000 Last Listed Price
●
Condo -
Off Market
55 Lakeridge Drive
The Woodlands, TX 77381
3 Beds
2 Baths,
1
Half Bath
1,989 Ft²
$368,542
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Immaculate and updated, this outstanding townhome is centrally
located in the Woodlands neighborhood of Cochran's Crossing.
With 3 beds, 2.5 baths, 2 car attached garage, the open plan
has lots of natural light. Enjoy lovely wood and wood look
floors throughout w NO CARPET. Additional upgrades include
the stone surround fireplace w gas logs, rich granite in kitchen w
stainless steel appliances, painted cabinets w deco knobs; complete
primary bath remodel w huge full glass shower, granite, dual
vanities; primary bed up has screened-in porch; a loft, sitting
area convenient for the two secondary bedrooms w full bath.
The backyard offers a covered porch and a large fenced yard.
Whole house water filtration and softener system stay with
the home. Refrigerator, washer & dryer also included!
Close to shopping, exemplary schools, parks, ponds, &
Woodlands amenities!
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$176
Property Type
Condo
Property Taxes
$442
HOA Dues
$79
Year Built
1993
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Cap Rate Calculator
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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 #50959511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Jan 20, 2022 | Listed by Compass Re Texas, LLC | $350,000 | |
| Listed by Compass Re Texas, LLC | |||
Property Highlights
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Auto Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, All Bedrooms Up, Walk-In Closet(s)
Appliances: Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Washer/Dryer
Flooring Type: Tile, Wood
Laundry Features: Inside
Has Fireplace
Fireplace Features: Gas, Gas Log
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1989
Architectural Style: Traditional
Year Built: 1993
Building Area Total: 1989
Levels: Ground Level
Window Features: Window Coverings
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Patio/Deck
Lot Features: Back Yard, Wooded
Lot Size Area: 0.126
Lot Size Units: Acres
Lot Size Acres: 0.126
Lot Size Square Feet: 5488
Water Source: Water District
Financial Details
Tax Annual Amount: $5,309
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA Fee: $950
HOA Fee Frequency: Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2022
| |
3 Bed
|
3 Bath
|
1989 ft²
|
$350,000
3 Bed
3 Bath
1989 ft²
|
$363,725
+3.92%
02/08/2022
|
Jenny Hearn
Compass RE Texas, LLC - The Woodlands
|
Building Info
About The Woodlands
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Listed by: Torrance Hearn, Compass Re Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 50959511
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50959511
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