$415,000 Last Listed Price
●
House -
Off Market
89 W Rainbow Ridge Circle
The Woodlands, TX 77381
4 Beds
2 Baths,
1
Half Bath
1,973 Ft²
$2,479
Est. Monthly
About This Property
Lovely 4 bed 2.5 bath 1 story home located in the woodsy Cochrans
Crossing neighborhood in The Woodlands. This home boasts an updated
kitchen, four inviting bedrooms, two and a half updated bathrooms
and a a huge backyard area for entertaining. Upon entry, you're
greeted by high ceilings and the warmth of wood flooring
which extends through the family room and hallway. The kitchen
features freshly painted cabinets, shiny granite countertops, and
modern stainless-steel appliances. Window features include Douglas
Hunter shades in the family and dining rooms, as well as plantation
shutters in each bedroom. The converted garage area can serve as a
home office, game room, a creative craft space, or any other
desired use. The converted garage is equipped with its own
independent A/C unit and could effortlessly be restored to its
original purpose.This home is an absolute delight and awaits you.
Schedule an appointment today to make the most of this opportunity
to make it yours!
Unit Size
1,973 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$210
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1986
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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 #89675699)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Martha Turner Sotheby's International Realty - The Woodlands | $599,900 | |
| Listed by Martha Turner Sotheby's International Realty - The Woodlands | |||
| | |||
|
This charming one-story cottage is nestled below the treetops in the established neighborhood of Sylvan Forest in the Village of Cochran's Crossing. Completely renovated, the open floorplan features an abundance of windows so there’s a lovely dappling of natural light morning, afternoon and evening. The kitchen features a farmhouse sink below the sun-splashed garden window, surrounded by the warm tones of the subway tile backsplash. Custom cabinets ascend to the ceiling providing ample storage space. The large living area features soaring ceilings and a new gas log fireplace adorned with herringbone marble tile surround. The primary bedroom suite features two walk-in closets and is secluded from the 3 secondary bedrooms. This house has been transformed into a more functional, beautiful and purposeful home that you will fall in love with! Updates include: wide luxury vinyl plank flooring throughout, new roof, new water heater, all new doors and mahogany front door, baths & more!
| |||
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Fireplace
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 The Woodlands
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Listed by: Christopher Brooks, JPAR - The Sears Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 89675699
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89675699
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