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Bossier 71006
229 Madonna Drive
$2,300,000
● House - Off Market

229 Madonna Drive

Benton, LA 71006
bedrooms
3 Beds
bathrooms
0 Bath
square feet
4,376 Ft²
$2,353,096
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
Unit Size
4,376 Ft²
Days on Market
-
Land Size
2.90 acres
Price per sqft
$526
Property Type
House
Property Taxes
$743
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (NTREIS #20101189)

Price History

Date / Event Date Event Price
Jul 2, 2022 Listed by Coldwell Banker Gosslee $2,300,000
Listed by Coldwell Banker Gosslee
Jun 28, 2022 Sold
Premium
Sold
Nov 2, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 4,084
  • Gross Building Area: 4,084
  • Building Area: 4,084
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACK BAYOU LAKE ACRES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 4000
  • Legal Description 1: LOT 38, BLACK BAYOU LAKE ACRES.

Neighborhood

  • School District Name: Bossier Parish School District
  • School Tax School District: BENTON FIRE #4
  • School Tax District Code 2: PARISH O/S BC
  • School Tax District Code 3: RED RIVER WW
  • Census Tract: 011121

Geography

  • Assessors Map Reference: S075 0038
  • District: WARD 2
  • Subdivision Phase Number: 1
  • Parcel: 104184
  • Lot: 38
  • Meridian: SEC 11 TWN 19N RNG 13W
  • Municipality: BENTON TOWN
  • Latitude: 32.6494
  • Longitude: -93.6724

    Address

  • Full Address: 229 Madonna Dr
  • Address - House Number: 229
  • Address - Street Name: Madonna
  • Address - Suffix Type: Dr
  • State: LA
  • City Name: Benton
  • Carrier Code: R007
  • 4-Digit Zip Code: 4218
  • Zip Code: 71006

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $815,520

    Appraisal Valuation

  • Standard Deviation: 0.1578
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 973,324
  • High Value: 1,127,008
  • Low Value: 819,640

    Market Valuation

  • Market Total Value: $858,863
  • Market Land Value: $200,000
  • Market Improvement Value: $658,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,456

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1296098
  • Previous Sale Recording Date: Jun 28, 2022
  • Previous Sale Contract Date: Jun 28, 2022
  • Previous Sale Amount: $2,268,850
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bossier

Stats & Trends

Median Asking:

$271,270

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2197 ft²

Average Home Age

31.8 years

Currently For Sale

369 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Andrew Cordaro, Coldwell Banker Gosslee
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20101189
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 229 Madonna Drive built and last sold?
The property at 229 Madonna Drive was built in 1999 and last sold on Jul 29, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 229 Madonna Drive is $2,241,483.
What are some comparable homes to 229 Madonna Drive?
There are currently no comparable homes to 229 Madonna Drive.
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