1029 BERGAMOT DRIVE
About This Property
Welcome to effortless Florida living in the sought-after Sand Lake Groves community! Built in 2024 and still covered by the builder's warranty-plus an additional transferable seller-purchased warranty-this nearly new 4-bedroom, 3-bath home offers the peace of mind of new construction without the wait. Inside, the gourmet kitchen with stone countertops and ceramic tile flooring creates the perfect space for gathering, while the open layout flows seamlessly to a spacious screened lanai ideal for morning coffee or relaxing evenings outdoors.
The private primary suite serves as a true retreat, featuring a tray ceiling and a spa-inspired bathroom designed for comfort and relaxation. Conveniently located near State Road 60 and Gandy Cemetery Road, you'll enjoy quick access to the charm of downtown Bartow, local dining, shopping, parks, and everyday conveniences, all while benefiting from NO CDD fees. With the sellers relocating for work, this is a rare opportunity to enjoy a like-new home and a lifestyle centered on comfort, convenience, and community.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$489,999
↓ $10K
(2%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$499,999
↓ $19K
(3.7%) | |
| Price Decreased | |||
| Jul 18, 2026 | Price Decreased |
$519,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017