147 W Pines Drive
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | No longer available | - | |
| No longer available | |||
| Nov 15, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $789,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
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Beautiful custom home w/ attached quarters & pool! This sprawling estate on two lots is all on one level! Updated main home w/ fresh paint & flooring throughout. The main house offers an expansive dining room, gourmet kitchen w/ 2 sinks, island, updated stainless appliances, 5-burner stove, an open living w/ breakfast room, 3 BRs/2.0 Baths, & sunroom overlooking the pool. The Guest Quarters (built 2017) offers an open-concept living area w/a cozy fireplace, a chef kitchen w/ island kitchen, gleaming granite w/ attractive glass tile backsplash, an oversized primary bedroom w/ full spa-like bath, secondary bedroom/study w/ full bath, & separate laundry room. (Combined Living Area of 4,120 SF; Main Home: 2,572 SF, Qtrs: 1,548 SF) Two 2-car Garages (one is oversized). Backyard paradise w/ huge inground luxury pool w/ fire & waterfall features & multiple sitting areas for hours of entertainment. Backing up to a 3-acre greenspace provides you privacy & unmatched tranquil views of wildlife.
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| Oct 31, 2024 | Price Decreased |
$789,900
↓ $30K
(3.7%) | |
| Price Decreased | |||
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About Bentwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017