1408 Compelube Road
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%.
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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 10, 2026 | Listed by Lake Homes Realty, LLC | $150,000 | |
| Listed by Lake Homes Realty, LLC | |||
| Oct 1, 2025 | Listed | $175,000 | |
| Listed | |||
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17 acres of beautiful land with utilities and aerobic available just outside of the city of McAlester. The home that was on the property has been removed. This is a great opportunity to build or bring in a manufactured home. Property features fencing, a mini corral, a pond, well plumbed with power, rural water, storm cellar and 20 ft dry storage container. Bring your animals, there is an open face loafing shed to keep them out of the rain and wind. Located in the Tannehill school district, just down the road from McAlester Lake access. Lake Eufaula is also a relatively short drive away, one of the top 10 fishing lakes in the nation. Paved road all the way to property entry. MLS #2526305 adjoins this property and is also available. Call to see today!
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| Mar 19, 2025 | Price Decreased |
$225,000
↓ $58K
(20.5%) | |
| Price Decreased | |||
| Jun 21, 2024 | Listed | $283,000 | |
| Listed | |||
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This beautiful 17 acres of land (75% already fenced) with pond, '98 model Clayton home has new options. Property may be sold as land only for a discounted price, and doublewide could be removed. May be sold with adjacent listing MLS# 2422287. Living in the newer doublewide (which has a lake view) on all 19 acres with older doublewide removed is appealing if you are looking for maximum land.
There is an open face loaf shed to keep your animals out of the rain and wind. A storm cellar is in place for your own safety. Well on the property in addition to rural water. 20 ft. dry storage container could be used as a shop is also included.
Located in the Tannehill school district, minutes from McAlester and down the road from McAlester Lake access. Lake Eufaula is also a relatively short drive away, one of the top 10 fishing lakes in the nation. Paved road all the way to property entry. Call to see today!
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| May 30, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017