Turnkey Country Home on 27.36 Acres – Hunting, Homestead & Modern
Comforts! Welcome to your dream property in Edgar Springs! This
beautifully updated 3-bedroom, 2-bath home with a walkout basement
sits on 27.36 acres m/l of mixed pasture and timber, offering the
perfect blend of modern amenities, homestead potential, and
outstanding hunting opportunities. Step inside to discover a
completely renovated kitchen featuring granite countertops, all-new
cabinetry, and a full suite of new appliances. Recent improvements
throughout the home include updated electrical, approximately 70%
new plumbing, all new doors, new flooring, and mini-split systems
for efficient heating and cooling. The inviting living room is
centered around a cozy wood stove, while the bedrooms provide
comfort and charm with fresh carpet and real wood doors. The
walkout basement includes a third bedroom and a full bathroom, with
additional space ideal for a family room, recreation area, or guest
quarters. Major exterior updates include a new roof (2023), durable
steel siding, improved attic insulation, and a spacious 2-car
garage. Outside, you'll find everything needed for country living.
Enjoy breathtaking views from the newer concrete patio overlooking
the large fenced yard. The property includes approximately 2.75
acres of fenced area, a 20x40 kennel run adjacent to the chicken
coop, a powered outbuilding perfect for a workshop or hobby space,
and full 50-amp RV hookups in the backyard for guests or extended
stays. The acreage features a wet-weather creek, mature timber,
abundant wildlife, and excellent hunting opportunities right out
your back door. Whether you're looking for a hobby farm, hunting
retreat, homestead, or peaceful country residence, this property
checks all the boxes while remaining conveniently located just a
short drive from Rolla.
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.
This small farm is located 1 mile down a well-maintained county road and just 3 miles from town. The home sits on a knoll with a great view of the Ozarks and the surrounding cattle farms. There is nearly 2 acres fenced with chain-link great for your pets or small livestock. With 3 acres of open land this would be a great place for gardens, cattle, or horses, there is also 15 acres of woods abundant with deer and turkey. This is a great community and located near Mark Twain National Forest, Big Piney River, Montauk State Trout Park, and several blue-ribbon Trout Streams. The House is a blank slate and ready for you to put your own finishing touches on it.
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