252 Split Paddle Lane
About This Property
Whether you're planning a high-performing short-term rental investment or a private retreat to escape the everyday, this homesite provides the ideal canvas to bring your vision to life. Surrounded by towering pines and mature hardwoods, you'll enjoy the peaceful atmosphere while still having access to exceptional neighborhood amenities.
Three Creeks Reserve is designed for both relaxation and recreation, featuring a resort-style community pool, clubhouse, splash pad, and pickleball court-amenities that appeal to vacation guests and cabin owners alike.
Located just minutes from Broken Bow Lake, Beavers Bend State Park, hiking trails, restaurants, wineries, and Hochatown attractions, this is an outstanding opportunity to build in a desirable community. Don't miss your chance to own a wooded corner lot and create the luxury cabin getaway you've always imagined.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Listed by eXp Realty, LLC | $99,750 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017