115 Monterrey Road
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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%.
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Jun 14, 2024 | Listed by Creighton Realty Partners, LLC | $99,990 | |
| Listed by Creighton Realty Partners, LLC | |||
| Mar 13, 2024 | Listed by Creighton Realty Partners, LLC | $158,000 | |
| Listed by Creighton Realty Partners, LLC | |||
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Experience the epitome of lakeside living combined with the luxury of golf course views on this rare premier lot nestled within the prestigious Lake Conroe gated community of Bentwater. Situated along the lush fairways of the renowned Weiskopf Golf Course #2, this expansive lot offers an unparalleled opportunity to build your dream home in a serene & peaceful environment. Bentwater features multiple golf courses, community exclusive pools, sports center, spa, marina & yacht club. Rent a villa for the weekend or dine at the country club & enjoy lakeside living while you build! FULL transferrable country club membership is available, see attachments for details. Don’t miss out on this rare opportunity to own one of the last remaining lots on the golf course!
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About Bentwater
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Last Updated: 4 months ago
Data Source: HAR , MLS# 81781889
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