190 Hwy 20
About This Property
Whether you're envisioning a private hunting retreat, recreational getaway, future ranch, secluded homesite, or long-term land investment, this property offers the flexibility to bring that vision to life. The mature timber, rolling terrain, and abundant wildlife create an exceptional outdoor experience, with deer, turkey, wild hogs, and even the occasional mountain lion or elk frequenting the property. Bordering a state game refuge further enhances the habitat, recreational opportunities, and long-term privacy.
Despite its secluded feel, the property is conveniently located near Grand Lake, Spavinaw State Park, and major highways, making it easy to enjoy the area's boating, fishing, camping, and outdoor recreation. Large, contiguous ownerships with this combination of history, accessibility, wildlife, and natural beauty rarely become available. Purchase the entire 190.26 +/- acres or inquire about smaller acreage options, as the sellers are willing to divide. Don't miss this rare opportunity to own a truly remarkable piece of northeast Oklahoma. Buyer's Agents Welcome!
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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 |
|---|---|---|---|
| Aug 11, 2026 | Listed by Keller Williams Advantage | $675,000 | |
| Listed by Keller Williams Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017