12 Hoot Loop
About This Property
The property also offers an attached 25x50 insulated shop with concrete flooring, overhead garage doors, extensive lighting, and tremendous room for vehicles, boats, equipment, hobbies, or a workshop. Ductwork is already installed for future central heat and air, and the shop is plumbed for a dog wash station, adding even more versatility and functionality. In addition, the 25x50 open-sided covered storage area provides even more room for boats, RVs, trailers, equipment, or outdoor projects. Located near Lake Texoma, this property offers the perfect setup for enjoying lake life while having plenty of room for all your toys and equipment. With newer construction, modern finishes, mature trees, and exceptional shop and storage space, this is a rare Lake Texoma-area opportunity!
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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 8, 2026 | Relisted | $299,500 | |
| Relisted | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Listed by Epique Realty | $299,500 | |
| Listed by Epique Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017