2306 Ironstob Road
About This Property
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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 22, 2026 | In contract | - | |
| In contract | |||
| Sep 22, 2026 | Price Decreased |
$67,000
↓ $23K
(25.1%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by Keller Williams Advantage | $89,500 | |
| Listed by Keller Williams Advantage | |||
| Jul 13, 2026 | Listed by Keller Williams Advantage | $74,500 | |
| Listed by Keller Williams Advantage | |||
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Here is the opportunity to own approximately 8.25 acres (subject to survey by licensed surveyor) in one of southeastern Oklahoma's most desirable and rapidly growing areas. Located just east of the corner of Iron Stob Road and Womack Road, just 5 miles west of Idabel via Highway 37 and less than 15 minutes from Broken Bow and Hochatown, this beautiful tract offers the perfect combination of country living, recreation, and investment potential. With paved road frontage on Iron Stob Road (County Line Road N4550), rural water available through Rural Water District #7 at the front of the property, and electric service available from Choctaw Electric Cooperative, much of the groundwork is already in place for your dream home, barndominium, cabin retreat, or future development. The property includes a large 20' x 30' older wood barn that is separately fenced. Surrounded by the natural beauty of McCurtain County, you'll be just minutes from Broken Bow Lake, Beavers Bend State Park, premier fishing, boating, hunting, hiking, glamping destinations, wineries, breweries, and some of Oklahoma's most popular restaurants and outdoor attractions. Whether you're looking to build a legacy property, create a private getaway, establish a homestead, or invest in the continued growth of the Broken Bow market area, this tract offers exceptional possibilities. Bring your builder and your vision and start creating your Oklahoma legacy today. All acreage, dimensions, and boundary lines shown in photographs or marketing materials are approximate only and subject to verification by a licensed surveyor.
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| Oct 3, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017