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Lake Butler 34786 Keenes Pointe
8508 Bowden WAY
$1,450,000
● House - Off Market

8508 Bowden WAY

WINDERMERE, FL 34786
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,924 Ft²
$8,981
Est. Monthly
$286
HOA / Fees
1.73%
Cap Rate

About This Property

Located inside the beautiful golf gated community of Keene's Pointe in Windermere.  Fully renovated.  This home features 5 bedrooms and 4 bath providing enough space for comfortable living. It has a formal office and formal dining room, with 4 bedrooms on the first floor, an extra bedroom and a bonus/flex space upstairs . The family room has a custom stone wall showcasing the TV with lighting. The gourmet kitchen is equipped with marble counter, good quality appliances and gas range. Perfect for entertaining, the screened lanai has  a covered pergola and summer kitchen with grill.  The landscaping has been updated, Reroof was done in 2018.
Unit Size
3,924 Ft²
Days on Market
126 days
Land Size
0.49 acres
Price per sqft
$381
Property Type
House
Property Taxes
$1,353
HOA Dues
$286
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 (Stellar MLS #O6202827)

Price History

Date / Event Date Event Price
Sep 9, 2024 Sold
Premium
Sold
Aug 10, 2024 Relisted $1,495,000
Relisted
Jul 17, 2024 In contract -
In contract
Jun 25, 2024 Price Decreased $1,495,000
↓ $55K (3.6%)
Price Decreased
Jun 22, 2024 Relisted $1,550,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 21,229
  • Total Building Area: 5,524
  • Gross Building Area: 5,524
  • Building Area: 3,803
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,803
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEENES POINTE UT 1
  • Land Acres: 0000000487
  • Standard Land Use Code: 1001
  • County Land Use Code: 0104
  • State Land Use Code: 001
  • Legal Description 1: KEENES POINTE UNIT 1 39/74 LOT 313

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0332
  • Census Tract: 017108

Zoning

  • Zoning: P-D

Geography

  • Assessors Map Reference: 55
  • Subdivision Tract Number: 4074
  • Parcel: 29-23-28-4074-03-130
  • Block: 3
  • Lot: 313
  • Meridian: SEC 29 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4462
  • Longitude: -81.5493

    Address

  • Full Address: 8508 Bowden Way
  • Legal Unit: 1
  • Address - House Number: 8508
  • Address - Street Name: Bowden
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Windermere
  • Carrier Code: R012
  • 4-Digit Zip Code: 5306
  • Zip Code: 34786

Valuation

    Tax

  • Total Area: 4,383
  • Tax Year: 2023
  • Tax Amount: $1,623,701
  • Tax Rate Code Area: 75-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,302,314
  • High Value: 1,519,793
  • Low Value: 1,084,834

    Market Valuation

  • Market Total Value: $1,051,592
  • Market Land Value: $230,000
  • Market Improvement Value: $821,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,051,592
  • Assessed Land Value: $230,000
  • Assessed Improvements Value: $821,592

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210152045
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Nov 28, 2018
  • Previous Sale Amount: $799,000
  • Previous Sale Document Type: 71
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 Keenes Pointe

Stats & Trends

Median Asking:

$1,775,000

Sale Price/ft²

$475

Below Asking

0.01%

Average Days on Market

95

Average Home Size

5956 ft²

Average Home Age

21 years

Currently For Sale

20 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

Unit for rent at 13272 Penshurst Lane, WINDERMERE, FL, 34786

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,472 ft²
13272 Penshurst Lane, WINDERMERE, FL, 34786 Listing by Donny Hang Fung

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Marilene Auge
CHARLES RUTENBERG REALTY ORLANDO
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6202827
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8508 Bowden Way built and last sold?
The property at 8508 Bowden Way was built in 2000 and last sold on Mar 11, 2021 for $899,000.
How much is this home worth?
The estimated value of the home located at 8508 Bowden Way is $1,509,950.
What are some comparable homes to 8508 Bowden Way?
There are currently no comparable homes to 8508 Bowden Way.
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