145 BEAR PEN Road
About This Property
Step inside to discover a bright and open floor plan, featuring newer wood-like tile throughout the main living areas, seamlessly blending elegance with durability. The spacious primary bedroom, along with three additional bedrooms, is conveniently located on the first floor, offering easy accessibility. Upstairs, the expansive 5th bedroom/bonus room with a full bathroom provides a versatile space-ideal as a guest suite, home office, or even a private apartment-like retreat.
Constructed with solid concrete block and a stucco exterior, this home ensures durability. The real showstopper, however, is the expansive water view from the backyard, creating a serene and picturesque outdoor space perfect for entertaining or relaxing. Enjoy Florida living at its finest with a beautiful patio and thoughtfully designed outdoor area that invites you to unwind and soak in the scenery.
With its prime location, modern updates, and unbeatable outdoor surroundings, this home is a rare find in Old Palm Valley. Don't miss the chance to make it yours
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$1,089,000
↓ $46K
(4.1%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$1,135,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| May 9, 2025 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $1,185,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017