1037 River Bluff Road
About This Property
One of the standout features is the recently rebuilt large balcony, offering a great place for morning coffee, outdoor dining, or watching deer and wildlife on the property. The home also includes a sunroom/enclosed porch-style space with multiple windows, providing additional usable space to relax, unwind, or enjoy views of the surrounding property. Outside, the 2.7 acres provide room for gardening, outdoor activities, animals, equipment, or additional personal use.
The workshop building adds excellent functionality for storage, hobbies, tools, equipment, or projects. The property is on rural water and also includes a private well, giving the new owner an additional water source option. With its country setting, usable acreage, workshop, rebuilt balcony, sunroom, and convenient location just outside Idabel, this property offers space, privacy, and practical features in a rural location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Relisted | $175,000 | |
| Relisted | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Salt Real Estate Broken Bow | $175,000 | |
| Listed by Salt Real Estate Broken Bow | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017