1812 Sunset Drive
About This Property
The huge insulated shop is a standout feature, complete with a full bathroom and wiring for internet and satellite TV. There's plenty of space for your boat, lake toys, hobbies or workshop-and exciting potential for guest accommodations or additional living space. A second shop with electricity and workbenches, along with a separate storage building, gives you even more room to make the property your own.
Picture peaceful mornings with coffee on the porch, sunny afternoons on the water, and relaxed evenings beneath the Oklahoma stars. Bring your personal touches and start creating wonderful memories at your own Lake Eufaula retreat!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Relisted | $199,900 | |
| Relisted | |||
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Price Decreased |
$199,900
↓ $19K
(8.7%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$219,000
↓ $6K
(2.7%) | |
| Price Decreased | |||
| Aug 23, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $225,000 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017