2485 Avalon Drive
About This Property
Minutes from Downtown Eufaula and Eufaula Schools, this spacious 6-bedroom, 3-bathroom home is situated on just under an acre of beautifully landscaped property, offering plenty of room to spread out both inside and out.
Newly updated flooring flows throughout the home, giving the space a fresh and cohesive feel.
The remodeled kitchen is designed for both everyday living and entertaining, featuring new quartz countertops, generous cabinetry, ample workspace, a large center island, and an easy flow into the dining and living areas. With plenty of gathering space, it's the perfect setting for hosting family and friends after a day on the lake.
Outdoor living is just as impressive. Enjoy the screened patio and covered porch, surrounded by mature trees and peaceful surroundings. The expansive property also features a greenhouse and chicken coop, with plenty of additional space for gardening, entertaining, pets, or simply enjoying a little extra room to breathe.
With a new roof and new HVAC system, buyers can enjoy added peace of mind along with the home's extensive cosmetic updates.
A boat slip is also available for purchase.
Located in one of the area's desirable lake communities, this property offers the tranquility and space of country living while remaining just minutes from marinas, restaurants, golf, shopping, Downtown Eufaula, and Lake Eufaula.
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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 |
|---|---|---|---|
| Oct 8, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Price Decreased |
$599,000
↓ $25K
(4%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$624,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Feb 4, 2026 | Price Decreased |
$669,000
↓ $26K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017