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29 Bermuda Circle
About This Property
Located at 29 Bermuda Circle in the highly sought-after Bentwater subdivision, this prime unimproved interior lot offers the perfect canvas for your custom home in one of Montgomery County's most exclusive lakeside communities. The lot is level, mostly cleared, and ready for construction. Enjoy the serene, resort-style lifestyle of Bentwater, Texas' only private, gated, lakeside community with 54 holes of championship golf. Community Amenities Include: Three 18-hole championship golf courses, private yacht club and marina on the shores of beautiful Lake Conroe. Enjoy the Country club with dining and grill and events throughout the year. Whether you're looking for a peaceful retreat or an active lakeside lifestyle with world-class golf and boating, this cleared lot in Bentwater is an exceptional opportunity.
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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 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Price Decreased |
$137,500
↓ $8K
(5.2%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Green & Associates Real Estate | $145,000 | |
| Listed by Green & Associates Real Estate | |||
| Aug 15, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017