1656 McNally Road
About This Property
Take in the lake views from the expansive wraparound porch, gather around multiple outdoor fire pits, or enjoy the generous concrete areas and basketball court. A storm shelter and oversized 2-car garage add even more functionality.
Inside, the home is clean, fresh and low maintenance with tile flooring throughout-no carpet! The open kitchen, dining and living areas feature abundant natural light, beautiful cabinetry and an inviting layout perfect for entertaining. The spacious primary suite offers two oversized closets, a private full bathroom with dual vanities and a tiled walk-in shower with glass enclosure. Two additional bedrooms provide plenty of room for family and guests, including one with its own en-suite half bath-perfect as a bunk room or guest suite. A second full bathroom is conveniently located near the additional bedroom and living areas. Updated mechanicals, including the HVAC and hot water tank, add to the home's move-in-ready appeal.
Whether you're searching for a full-time residence, weekend lake retreat or property with short-term rental potential, this home offers incredible versatility. Convenient to Carlton Landing, The Preserve and No. 9 Marina while maintaining the secluded, peaceful setting lake buyers love. Private waterfront, your own two-slip dock, beautiful views and room to gather! Come create Lake Eufaula memories that can last a lifetime
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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 13, 2026 | Price Decreased |
$674,999
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Aug 26, 2026 | Listed by eXp Realty, LLC | $699,999 | |
| Listed by eXp Realty, LLC | |||
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | No longer available | - | |
| No longer available | |||
| Jan 23, 2023 | Listed by eXp Realty, LLC | $599,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017