117791 S 4209
About This Property
Inside, you'll find 3 bedrooms, 2 full bathrooms, a cozy wood-burning fireplace, beautiful granite countertops, and new luxury vinyl plank flooring with the look of hardwood. The kitchen comes fully equipped, and all appliances-including the washer and dryer-stay, making this a truly move-in-ready lake retreat.
Step outside to the spacious covered back deck and soak in the peaceful waterfront views while enjoying the refreshing lake breeze. It's just a short walk to your private one-stall dock, making it easy to spend your days boating, fishing, swimming, or simply relaxing on beautiful Lake Eufaula.
The amenities continue with an impressive 30' x 30' insulated, steel-framed shop featuring electricity and a concrete floor-perfect for storing your boat, side-by-side, fishing gear, and all your lake toys. An additional carport provides even more covered parking and storage.
Whether you're looking for a full-time residence, weekend getaway, or vacation investment, this property checks all the boxes. Just bring your toothbrush and your life jacket-everything else is waiting for you!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017