$275,000 Last Listed Price
●
House -
Off Market
98 Marabou Place
The Woodlands, TX 77380
3 Beds
2 Baths
1,442 Ft²
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
This cute split level is right in front of the Woodlands with easy
access to I 45 and all the other amenities. Nestled in the village
of Grogan's Mill this home boasts a large yard with mature trees.
Many local dogs have enjoyed this backyard and have run free here
while their parents enjoyed their vacation. A fellow animal lover
and owner of this house has made sure it is pet friendly. You will
love the living and kitchen area upstairs as it feels like you are
sitting in a tree canopy. This is a perfect The Woodlands home to
enjoy the tree house living feel. A large and spacious living room
with a brick fireplace feels warm and welcoming. The kitchen is
open to the living and looks at the large backyard along with the
breakfast area. Open concept, light and bright with 2 additional
bedrooms upstairs along with the laundry room. As you step down you
find yourself in a spacious mudroom looking at the vast yard
through french doors. Downstair primary bedroom suite is large and
peaceful
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$191
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1979
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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: 6 months ago (HAR #87814012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | No longer available | - | |
| No longer available | |||
| Jul 29, 2024 | Listed by Keller Williams Realty The Woodlands | $300,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
Welcome Home! This charming home is perfectly positioned in front of The Woodlands, in the Village of Grogan's Mill, with easy access to I-45 and local amenities. The heart of the home is the upper-level living and kitchen area, full of windows letting in lots of natural light and views of the trees and backyard. The upgraded laminate plank flooring is throughout the large Living & Dining Room, all highlighted by modern painted fireplace that adds warmth to the space. The kitchen, with its open layout, overlooks the living room and backyard creating an ideal space for family gatherings. Additional features include two bedrooms upstairs, a convenient laundry room, and a spacious mudroom on the lower level that offers easy access to the backyard through French doors. Downstairs the primary bedroom suite is large and secluded with updated flooring and upgraded primary bathroom. 2 YEAR OLD ROOF, Stainless Steal Appliances, Modern Paint, New Light Fixtures/Ceiling Fans, HUGE BACKYARD!
| |||
| Jul 18, 2024 | Price Decreased |
$302,500
↓ $5K
(1.6%) | |
| Price Decreased | |||
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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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About The Woodlands
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Listed by: Priyanka Johri, Woodlands Eco Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 87814012
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Last Updated: 6 months ago
Data Source: HAR , MLS# 87814012
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