24950 Hwy 62
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 |
|---|---|---|---|
| Apr 15, 2025 | Listed | $600,000 | |
| Listed | |||
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160 Acres M/L in Okmulgee County located on highway 62 approx 6 miles east of Morris. Excellent location on highway 62 and corner of 350 RD. 1/2 mile of road frontage on highway 62 and 350 road, offering two access points on this property. This parcel is picturesque and ready for your forever home and ranch. Great location near Muskogee county line. Seller willing to split into 80 acre parcels. Easy access to I40 and surrounding communities of Okmulgee, Muskogee and Checotah.
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| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Relisted | $640,000 | |
| Relisted | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | Price Decreased |
$640,000
↓ $160K
(20%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017