20 Brookwood Drive
About This Property
Lakefront opportunity in Longtown Estates with endless potential! This 3 bedroom, 2 bath home offers plenty of space to make your own, including additional living quarters that would be perfect for bunk beds, a game room, guest space, or extra entertaining area. Situated on two lots, there is ample room to add a metal shop building for boats, side-by-sides, and all your lake toys. The yard is ready for your personal touch and landscaping vision, giving you the chance to create the outdoor lake retreat you've always wanted. Whether you're looking for a full-time residence or the perfect weekend getaway, this property checks the boxes. Conveniently located just minutes from Nine Marina for quick lake access, fuel, and fun on Lake Eufaula. Bring your ideas and unlock the potential of this gem!
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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 16, 2026 | Price Decreased |
$299,000
↓ $21K
(6.6%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$320,000
↓ $15K
(4.5%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$334,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $344,750 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017