$649,000 Last Listed Price
●
House -
Off Market
838 Lake View Drive
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
2,822 Ft²
$4,219
Est. Monthly
$20
HOA / Fees
About This Property
Charming, well kept home with beautiful views of Lake Conroe! Huge
living/kitchen space allows for plenty of space for friends and
family to gather while enjoying the lake life! Kitchen has double
ovens and HUGE amounts of storage and counter space. Living room
offers a wood burning fireplace and bar area while maximizing the
lake views from the second level. Three bedrooms downstairs with 2
full baths and laundry area. Extra room/bedroom 1/2 level up from
kitchen for a great office space, kids play room or bedroom.
Hard-to-find boat house with boat lift and plenty of deck space
over the lake to fish or lounge. Neighborhood amenities include a
boat ramp to Lake Conroe, pool and park with plenty of green space
for picnics or yard games. Montgomery schools! Priced BELOW market
to allow for updating of choice!
Unit Size
2,822 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$230
Property Type
House
Property Taxes
$1,012
HOA Dues
$20
Year Built
1997
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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: 5 months ago (HAR #15683188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Jan 6, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2023 | Listed by The McKellar Group | $649,000 | |
| Listed by The McKellar Group | |||
| | |||
|
Charming, well kept home with beautiful views of Lake Conroe! Huge living/kitchen space allows for plenty of space for friends and family to gather while enjoying the lake life! Kitchen has double ovens and HUGE amounts of storage and counter space. Living room offers a wood burning fireplace and bar area while maximizing the lake views from the second level. Three bedrooms downstairs with 2 full baths and laundry area. Extra room/bedroom 1/2 level up from kitchen for a great office space, kids play room or bedroom. Hard-to-find boat house with boat lift and plenty of deck space over the lake to fish or lounge. Neighborhood amenities include a boat ramp to Lake Conroe, pool and park with plenty of green space for picnics or yard games. Montgomery schools! Priced BELOW market to allow for updating of choice!
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Cape Conroe
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Currently no similar homes aroundNearby Rentals
Listed by: Medina McKellar, The McKellar Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 15683188
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Last Updated: 5 months ago
Data Source: HAR , MLS# 15683188
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