232 E Elm Street
About This Property
If you love the lake lifestyle, this completely remodeled 2-bedroom, 1-bath home is the perfect opportunity. Conveniently located close to everything in the City of Eufaula, you're just five blocks from sandy beaches and about ten blocks from downtown, where you'll find great restaurants, shopping, and entertainment.
This home has been fully updated from top to bottom, featuring a new roof, new HVAC system, new hot water tank, updated plumbing and electrical, new kitchen appliances, new flooring, and new windows-plus many other improvements.
Whether you're looking for a lake getaway, first home, full-time residence, or part-time retreat, this property is move-in ready and offers incredible value in a fantastic location.
Schedule your showing today and come see everything this home has to offer!
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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 |
|---|---|---|---|
| Mar 22, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $179,900 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017