$98,000 Last Listed Price
●
Land -
Off Market
10 Edgewood W
Montgomery, TX 77356
Studio
0 Bath
$111,250
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
One of the last large lots available in Bentwater. Heavily wooded,
corner lot that measures .69 acres. No deadline to build. Minimum
build for a single story is 2200 sf and 2500 sf for a two story..
Bentwater offers 54 holes of golf, sports club, tennis courts, 2
pools and so much more. Minimum social level membership required.
Unit Size
-
Days on Market
-
Land Size
0.69 acres
Price per sqft
-
Property Type
Land
Property Taxes
$140
HOA Dues
$58
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 #96546188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by RE/MAX Integrity II | $155,000 | |
| Listed by RE/MAX Integrity II | |||
| | |||
|
Awesome opportunity as the lot has already been cleared & prepared for the slab to be poured for a 1-story, 3,100 sq. ft. home plus patios/garage for a total of 4,380 sq. ft. The electrical & water taps are in place. Floor plans available for a 3 or 4 bedroom Plus a study & a 3-full car garage. Plan also includes a pool w/pool house/exercise room. This is a huge (.68 acres) corner lot, a VERY rare find in Bentwater. The leg work is done. Great opportunity to have months of work behind you & ready to build on. Bentwater is a gated subdivision on Lake Conroe, a Country Club community requiring membership of at least a social level giving you access to the Yacht Club, Marina, Pool & Country Club. You have the ability to upgrade should you want tennis, fitness center or golf. You'll love it here, close to IAH (45 minutes) and The Woodlands Mall (30 minutes) and so much more...then, you can come home to the peaceful surroundings. Sound too good to be true? It's not, come take a look.
| |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Mar 27, 2021 | Listed by Area Pro Group North Lake | $98,000 | |
| Listed by Area Pro Group North Lake | |||
| | |||
|
One of the last large lots available in Bentwater. Heavily wooded, corner lot that measures .69 acres. No deadline to build. Minimum build for a single story is 2200 sf and 2500 sf for a two story.. Bentwater offers 54 holes of golf, sports club, tennis courts, 2 pools and so much more. Minimum social level membership required.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montgomery
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Listed by: Michelle Hoover, Area Pro Group North Lake
Last Updated: 4 months ago
Data Source: HAR , MLS# 96546188
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Last Updated: 4 months ago
Data Source: HAR , MLS# 96546188
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