$659,000 Last Listed Price
●
House -
Off Market
8912 Stone Oak Drive
Montgomery, TX 77316
3 Beds
4 Baths,
1
Half Bath
3,814 Ft²
$873,503
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Peace & Tranquility! Winding Drive to Gorgeous Custom Home on
Wooded 2+ Private Acres! A Rare Find--1st Floor Design has 3
Beds+3-1/2 Baths+Huge Game Room/Media up w/Full Bath+2 Closets (Can
be 4th Bedroom)! Amazing Sunsets+Song Birds+Bunnies+Baby Deer!
Incredible Features & Sophisticated Finishes: Crown
Molding*Extensive H-S Hickory Wood Floors*Low-E Windows*Solid Alder
Wood Doors*Unbelievable Storage Options*Spacious Living
w/Hi-Ceilings & 3 FP's! Primary Suite w/FP & Doors to Secluded
Covered Patio*Quartz Pool/Spa*Cascading Waterfalls*Huge Den/Office
has FP+Desk/WorkStation+Wine Closet *Whole-House Surge Protector
*Kitchen Remodel: Chef's Granite Island*Breakfast Bar*Under-Cab
Lights*SS Gas Cooktop*Double Ovens*Pot Filler*Cast Iron Farmhouse
Sink*Upgraded Faucet*Reverse Osmosis*Ice Maker! Remodeled Bath
w/Large Frameless Shower+Soaking Tub*His+Her Vanities*Walk-In
Closet*Built-Ins! Whole House Water Softener*12-Zone SS*Terraced
Scape+Stone Pathways! Oversized 3-Car & 12x24 Workshop!
Unit Size
3,814 Ft²
Days on Market
-
Land Size
2.17 acres
Price per sqft
$173
Property Type
House
Property Taxes
$895
HOA Dues
$38
Year Built
-
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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 #70286587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2020 | Listed by REALM Real Estate Professional | $659,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Peace & Tranquility! Winding Drive to Gorgeous Custom Home on Wooded 2+ Private Acres! A Rare Find--1st Floor Design has 3 Beds+3-1/2 Baths+Huge Game Room/Media up w/Full Bath+2 Closets (Can be 4th Bedroom)! Amazing Sunsets+Song Birds+Bunnies+Baby Deer! Incredible Features & Sophisticated Finishes: Crown Molding*Extensive H-S Hickory Wood Floors*Low-E Windows*Solid Alder Wood Doors*Unbelievable Storage Options*Spacious Living w/Hi-Ceilings & 3 FP's! Primary Suite w/FP & Doors to Secluded Covered Patio*Quartz Pool/Spa*Cascading Waterfalls*Huge Den/Office has FP+Desk/WorkStation+Wine Closet *Whole-House Surge Protector *Kitchen Remodel: Chef's Granite Island*Breakfast Bar*Under-Cab Lights*SS Gas Cooktop*Double Ovens*Pot Filler*Cast Iron Farmhouse Sink*Upgraded Faucet*Reverse Osmosis*Ice Maker! Remodeled Bath w/Large Frameless Shower+Soaking Tub*His+Her Vanities*Walk-In Closet*Built-Ins! Whole House Water Softener*12-Zone SS*Terraced Scape+Stone Pathways! Oversized 3-Car & 12x24 Workshop!
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Ridgelake Shores
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Listed by: Sherry Ottewell, REALM Real Estate Professional
Last Updated: 4 months ago
Data Source: HAR , MLS# 70286587
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Last Updated: 4 months ago
Data Source: HAR , MLS# 70286587
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