Spring Hill
About This Property
Sitting on approximately three-quarters of an acre, this residential lot delivers stunning views overlooking the marina and the sparkling waters of Lake Tenkiller. Just imagine waking up every morning to that kind of scenery. Not too shabby, right?
The lot is ready to build on, so you can skip the headaches of clearing and prepping and get straight to the fun part - designing your forever home.
Located on the west side of the lake, you'll enjoy easy access to Tahlequah for all your shopping, dining, and entertainment needs. It's also home to Northeastern College, bringing a nice community vibe to the area. You get that peaceful lakeside living without being far from everyday conveniences.
Now let's talk about the fun stuff. Lake Tenkiller is a paradise for outdoor lovers. Whether you're into swimming, boating, fishing, hiking, biking, or even diving, this lake has something for every kind of recreational adventurer. Weekends will never be boring again.
Opportunities like this don't come along every day. A premium lot with lake views, marina access, and room to build your dream home is a rare find. Reach out today before someone else scoops this one up!
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Cap Rate Calculator
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 1, 2026 | Listed by Tenkiller Lake and Land | $115,000 | |
| Listed by Tenkiller Lake and Land | |||
| Nov 13, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2021 | Listed by Tenkiller Property.Com LLC | $109,000 | |
| Listed by Tenkiller Property.Com LLC | |||
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One of a kind lake view lot located at Running Springs Estates! Just around the corner from Barnacle Bills Marina this lot is a ideal spot for a lake home or full time residence. Lot is located inside a gated residential area with minimal covenants. The property is located just 15 minutes from Tahlequah, 35 mins from Fort Gibson/Muskogee or an 1 from Broken Arrow.
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| Jan 9, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017