$217,000 Last Listed Price
●
House -
Off Market
989 Arbor Way
Conroe, TX 77303
3 Beds
2 Baths
1,323 Ft²
$229,000
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Welcome to the lovely 3 bedroom/2 bath one-story home in the quaint
community of Arbor Place in Conroe! Home features an open
concept floorplan with recent paint in the kitchen and family room,
updated luxury vinyl flooring, gas range and 2" faux wood blinds.
You'll enjoy the backyard with lovely deck and large yard
that backs up to a serene wooded area with walking trails.
Cul-de-sac street, close to restaurants and minutes away from
dining, shopping and I-45.
Unit Size
1,323 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$164
Property Type
House
Property Taxes
$306
HOA Dues
$21
Year Built
2007
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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 #8405558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 21, 2022 | Listed by BHGRE Gary Greene | $217,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Welcome to the lovely 3 bedroom/2 bath one-story home in the quaint community of Arbor Place in Conroe! Home features an open concept floorplan with recent paint in the kitchen and family room, updated luxury vinyl flooring, gas range and 2" faux wood blinds. You'll enjoy the backyard with lovely deck and large yard that backs up to a serene wooded area with walking trails. Cul-de-sac street, close to restaurants and minutes away from dining, shopping and I-45.
| |||
| Apr 30, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by RE/MAX Northwest, REALTORS | $168,000 | |
| Listed by RE/MAX Northwest, REALTORS | |||
| | |||
|
This is the one you've been looking for! Fantastic home in popular Conroe subdivision. Shows like a model home, with brand new paint inside and out, new carpet, new gas range, 2" faux wood blinds throughout, ceiling fans in all rooms. You'll enjoy the backyard with lovely deck and professional landscaping, backs up to serene forest with walking trail that connects to park. Towards end of cul-de-sac street, great location. Schedule a showing today, this one won't last long!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Conroe
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Listed by: Jaime Connell, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 8405558
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Last Updated: 5 months ago
Data Source: HAR , MLS# 8405558
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