$318,000 Last Listed Price
●
House -
Off Market
8 Lancelot Lane
Conroe, TX 77304
4 Beds
2 Baths
1,964 Ft²
$332,267
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
WOW! LOCATION, LOCATION!! AND NO MUD.... LOW TAXES TOO! THIS
BEAUTIFULLY REMODELED HOME IS SEEKING IT'S NEW OWNER! SITUATED IN
RIVERSHIRE! THIS AWESOME HOME OFFERS A 4/2/2 SPLIT FLOORPLAN THAT
HAS BEEN COMPLETELY TRANSFORMED & REMODELED INCLUDING NEW WINDOWS &
BRAND NEW ROOF (12/2022) YOU WILL LOVE THIS OPEN CONCEPT PLAN!!
STOP IN SOON SO YOU CAN SEE THE BEAUTIFUL NEW KITCHEN COMPLETE W/ A
BEAUTIFUL QUARTZ ISLAND/COUNTERS ALONG W/ TONS OF KITCHEN CABINETS
FOR AN ABUNDANCE OF STORAGE, A WALK IN PANTRY & THE ADDED BUILT IN
WINE/COFFEE BAR. YOU WILL LOVE THE OPEN & SPACIOUS KITCHEN/LIVING
AREAS!! THE PRIMARY BEDROOM IS HUGE AS WELL & THE ENSUITE BATH WAS
TRANSFORMED FOR RELAXING. OUT BACK YOU WILL FIND A THE PERGOLA
COVERING THE PATIO AND A FULLY FENCED BACK YARD OFFERING ENDLESS
OPPORTUNITIES. CALL TODAY BEFORE THIS ONE IS GONE!. IF YOU'VE BEEN
SEARCHING FOR THE RIGHT HOME AT THE RIGHT PRICE, SCHEDULE YOUR
SHOWING SOON BEFORE THIS ONE IS SNATCHED UP. QUICK COMMUTE TO
I45/336/2854 & 105
Unit Size
1,964 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$162
Property Type
House
Property Taxes
$387
HOA Dues
$23
Year Built
1976
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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 #40461962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | Listed by Coldwell Banker Realty | $318,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 3, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by Green & Associates Real Estate | $176,000 | |
| Listed by Green & Associates Real Estate | |||
| | |||
|
1 story 3/4 bedroom home in Rivershire. Large open kitchen with island overlooking the living room. Lots of counter space and cabinets in the kitchen. Living room with wood burning fireplace and built in cabinets. Nice sized master bedroom, master bath with double vanities, walk in closet. Covered back patio. Home is ready to be updated with your personal touches!!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Conroe
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Listed by: Monica Tompkins, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 40461962
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Last Updated: 4 months ago
Data Source: HAR , MLS# 40461962
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