2 N 427 Road
About This Property
The property's open landscape creates a picturesque rural setting with plenty of room to design your ideal homestead. Whether you envision a custom home, barndominium, shop, barn, riding arena, or simply a place to enjoy the quiet beauty of the Oklahoma countryside, this versatile property offers the space and freedom to bring your plans to life. The manageable acreage provides an excellent balance of usability, privacy, and low-maintenance country living.
Paved county road frontage provides convenient year-round access, allowing you to enjoy the peace and privacy of country living without sacrificing accessibility. Conveniently located approximately 1.61 miles from HWY 20, 6 miles from HWY 69, 14 miles from Historic Route 66, 15 miles from I-44, and 16 miles from US-412. The property is also approximately 6 miles from Pryor, 14 miles from Claremore, 15 miles from Chouteau, 20 miles from Verdigris, and 25 miles from Catoosa. Grand River and Lake Hudson are both approximately 15 miles away, offering additional opportunities for boating, fishing, and outdoor recreation.
Whether you're ready to build now or simply invest in a beautiful piece of Oklahoma land for the future, this property offers the space, setting, and location to bring your vision to life. Additional land available. Schedule your private showing today! 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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by Keller Williams Advantage | $135,000 | |
| Listed by Keller Williams Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017