309 Pine Brook
About This Property
If looking with an agent, you must arrive with your agent to get through front gate. If looking without an agent, contact listing agent to be added to list for entry.
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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 |
|---|---|---|---|
| Mar 22, 2021 | Sold | ||
| Sold | |||
| Mar 16, 2021 | Listed by Champions Real Estate Group | $39,900 | |
| Listed by Champions Real Estate Group | |||
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Come live the good life when you build on this lot in a beautiful section of Bentwater! This lot does not have much slope so it will be an easy one to build on. Comes with social membership.
If looking with an agent, you must arrive with your agent to get through front gate. If looking without an agent, contact listing agent to be added to list for entry.
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| Sep 14, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Realty Associates | $35,000 | |
| Listed by Realty Associates | |||
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About 309 Pine Brook Drive, Montgomery, Texas 77356
Beautifully wooded homesite in Bentwater Subdivision. The site has a nice elevation for ease in building. The back of the site has a bricked privacy wall. Gorgeous new construction in this section of the community. The location is seconds from the main entrance and within walking distance to the private Yacht Club and Marina. You could walk to your boat! All of the utilities are at the curb ready for you to build. Remember in Bentwater you never have to build. When you do build, you can use any builder. The minimum square footage to build on this site is a 2,200sqft-1 story, 2,500sqft-2 story. Grand Pines Membership available; Social Membership included. Call today for your appointment to see this wonderful opportunity for your dream home location.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Bentwater
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9000480
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