Carefree Condo Living in
11324 Benttree Circle Oklahoma City, OK 73120
11324 Benttree Circle, Oklahoma City, OK, 73120
$180,000
Pending
For Sale
$180,000
Pending
Condo with HOA covering many amenities, close to shopping.
Property Size1,534 SF
Days on Market628
Property Features for 11324 Benttree Circle
General Information
- Standard status
- Pending
- Size
- 1,534 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1982
Listing Agency
Chinowth & Cohen
(405) 826-5717
Listed by
Amy Denner
(405) 826-5717
Source
Exitrealty
Added: Oct 30, 2024 Checked: Jul 19 at 4:55 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chinowth & Cohen
Investment Insights
Based on property information with market context.
This residential income property offers carefree condo living with the HOA taking care of the roof, clubhouse, pool, tennis courts, trash, siding, gate, and fences. The home features a spacious living area with slate tile flooring, fresh paint, and a wood-burning fireplace. The kitchen includes granite counters, a flat top electric stove, a pass-through breakfast bar, and ample cabinet and counter space. A utility room and half bath are located downstairs. Upstairs, the master bedroom has vaulted ceilings, sunny windows, a claw foot tub/shower, a walk-in closet, and a ceiling fan. The other two bedrooms share a full bath with solid surface counters and a shower; both secondary bedrooms have ceiling fans, and one is vaulted. The 1,534 square foot condo is private, siding with a treed greenbelt. The back is fenced and has a patio, while the front patio is welcoming. The location provides convenient access to shopping, restaurants, and the Hefner Parkway/Turnpike.
Key Highlights
- HOA covers roof, clubhouse, pool, tennis courts, trash, siding, gate, and fences, offering carefree living.
- Kitchen features granite countertops, flat top electric stove, and ample cabinet space.
- Conveniently located with proximity to shopping, restaurants, Hefner Parkway, and the Turnpike.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.9k | $16.20 |
| − Vacancy | −$1.4k | −$0.94 |
| EGI | $23.4k | $15.26 |
| − OpEx | −$10.5k | −$6.87 |
| NOI | $12.9k | $8.39 |
1,534 SF · lease $16.20/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$183.9K
$160.9K – $214.6K
NOI $12,875 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.2K
$323.1K – $430.8K
NOI $25,845 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Condo with HOA covering many amenities, close to shopping.
Where is this residential income property located?
The property is located at 11324 Benttree Circle Oklahoma City, OK.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: HOA covers roof, clubhouse, pool, tennis courts, trash, siding, gate, and fences, offering carefree living.; Kitchen features granite countertops, flat top electric stove, and ample cabinet space.; Conveniently located with proximity to shopping, restaurants, Hefner Parkway, and the Turnpike.
