5
Map
227 Wedgewood Dr
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 |
|---|---|---|---|
| Aug 14, 2026 | Listed by Fathom Realty | $1,150,000 | |
| Listed by Fathom Realty | |||
| Feb 24, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Listed by Keller Williams Realty The Woodlands | $174,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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An exceptional opportunity to build your dream home in one of the most prestigious gated communities, Bentwater on Lake Conroe. This unique large corner lot is situated on a coveted street lined with waterfront properties, just across the road, giving you potential lake views from your second floor. Right at the corner of a tranquil cul-de-sac, the lot offers both privacy and prestige.
Residents here enjoy world-class amenities, including a championship golf course, a private club, and a marina. This is truly a rare find as very few vacant lots remain available in this sought-after luxury Community. Embrace the serene lifestyle and start envisioning your custom home with a picturesque lake view and a Resort-like lifestyle.
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About Bentwater
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,495 /mo
- 3 Beds
- 2 Baths
- 2,493 ft²
$5,250 /mo
- 3 Beds
- 3 Baths
- 3,368 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017