122 Southern Locust Trail
About This Property
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by eXp Realty, LLC | $90,000 | |
| Listed by eXp Realty, LLC | |||
| Sep 7, 2026 | No longer available | - | |
| No longer available | |||
| Mar 4, 2026 | Listed by eXp Realty, LLC | $90,000 | |
| Listed by eXp Realty, LLC | |||
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Build your next income producing cabin on this 1.08-acre lot in Southern Sunrise Phase I, located in the highly desirable Broken Bow area. This spacious, wooded homesite is ideal for a luxury short-term rental build, offering privacy, natural beauty, and strong investment potential. Just minutes from Hochatown, guests will enjoy quick access to popular restaurants, wineries, shopping, and entertainment. Outdoor enthusiasts are drawn year-round to Beavers Bend State Park and Broken Bow Lake, making this an excellent location for high-demand vacation rentals. With over an acre to work with, there’s plenty of room to design a premium STR featuring expansive outdoor living, a hot tub, fire pit, game areas, and multiple suites to maximize occupancy and nightly rates. The Broken Bow market continues to thrive, and this lot positions you perfectly to capitalize on that growth. Don’t miss the opportunity to build a standout STR in one of desirable locations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017