$399,900 Last Listed Price
●
House -
Off Market
7085 Shadow Lake Drive
Willis, TX 77318
3 Beds
2 Baths
2,253 Ft²
$413,462
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Welcome to 7085 Shadow Lake Drive nestled in the highly sought
neighborhood of Seven Coves on Lake Conroe. This well maintained 3
bedroom, 2 full bath property is move-in ready, with neutral paint
throughout, high-end porcelain tile flooring throughout the
majority of the home with new carpet with luxury padding in the
primary suite. 3 YO double-paned windows, recent roof and 2 YO HVAC
unit w/ new duct work and compressor. Kitchen is complete with
breakfast bar, gas cooktop, SS appliances and ample counter space.
Breakfast room off kitchen looks out upon your fully fenced
backyard through custom shutters. Double barn doors lead to private
study/office off living area. Added architectural columns enhance
the custom nature of this home. Huge primary suite is complete with
vaulted ceilings, additional workspace nook, double sinks and
seamless shower. Head outside through the French doors with
conveniently enclosed blinds to find a backyard getaway for all
seasons. Welcome home, neighbor!
Unit Size
2,253 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$178
Property Type
House
Property Taxes
$460
HOA Dues
$42
Year Built
1999
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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 #59402148)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Synergy Real Estate | $399,900 | |
| Listed by Synergy Real Estate | |||
| | |||
|
Welcome to 7085 Shadow Lake Drive nestled in the highly sought neighborhood of Seven Coves on Lake Conroe. This well maintained 3 bedroom, 2 full bath property is move-in ready, with neutral paint throughout, high-end porcelain tile flooring throughout the majority of the home with new carpet with luxury padding in the primary suite. 3 YO double-paned windows, recent roof and 2 YO HVAC unit w/ new duct work and compressor. Kitchen is complete with breakfast bar, gas cooktop, SS appliances and ample counter space. Breakfast room off kitchen looks out upon your fully fenced backyard through custom shutters. Double barn doors lead to private study/office off living area. Added architectural columns enhance the custom nature of this home. Huge primary suite is complete with vaulted ceilings, additional workspace nook, double sinks and seamless shower. Head outside through the French doors with conveniently enclosed blinds to find a backyard getaway for all seasons. Welcome home, neighbor!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Seven Coves
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Listed by: Michael Sproba, Synergy Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 59402148
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Last Updated: 4 months ago
Data Source: HAR , MLS# 59402148
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