15 Bentwater Bay Circle
About This Property
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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 |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by BHGRE Gary Greene | $189,000 | |
| Listed by BHGRE Gary Greene | |||
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Absolutely beautiful oversized lot in The Estates Sec. 22 of Bentwater. The large 19,067 sq. ft lot has striking presence and sits at the center of the cul-de-sac just a few steps from the lake. The mature trees and level lot will be the perfect location for a one story home of at least 3200 sq. ft or a two story home of at least 3800 sq. ft. Current sellers fell in love with this tranquil location and the beautiful homes that surround it. They have now had an unexpected change in plans. If you have been searching for your perfect lot in a lakeside golf country club community this property should be at the top of your list. 15 Bentwater Bay could be your new address. Community is gated and you will need to enter with a real estate agent.
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| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Area Pro Group North Lake | $159,000 | |
| Listed by Area Pro Group North Lake | |||
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Oversized lot located in The Estates. 19,067 sq. ft. on a large corner lot. Your dream lot for your dream home awaits. This lot is level with nice trees and requires single a story homes to be 3200 sq.ft. and two-story home 3800 sq. ft. The lot carries a social membership however there are other membership levels available for upgrade. Buyers must be accompanied by an agent to enter Bentwater. Section 22 Plat and deed restrictions attached. Lot availability is decreasing by the day. Schedule a visit and discover all that Bentwater has to offer.
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About Bentwater
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,495 /mo
- 3 Beds
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$5,250 /mo
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Last Updated: 5 months ago
Data Source: HAR , MLS# 95502506
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017