116781 4207 Road
About This Property
Step into the rec room and you'll find a standout feature: a custom mahogany-pattern bar, crafted to elevate every gathering. With 3 electric doors and space to gather, it's the perfect spot to unwind after a day on the water or entertain friends year-round.
Located just two blocks from the beach in multiple directions, you'll enjoy effortless access to sand, sunsets, and shoreline strolls. Kick back on the balcony and watch wildlife wander through, or head down to the beach for those iconic Eufaula sunsets.
Turn-key. Lake-ready. Packed with premium touches.
This is the kind of place that feels like lake life done right the moment you step inside.
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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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$387,000
↓ $25K
(6.1%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Decreased |
$412,000
↓ $60K
(12.7%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by Artesian Realty Group | $472,000 | |
| Listed by Artesian Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017