2688 W 627
About This Property
Bring your vision and imagination to this 19.77m/l -acre property in Chouteau (Mazie)! This acreage offers a unique combination of open space, mature trees, water, existing improvements, and additional potential for future use. Imagine having nearly 20 acres with room for trees, garden, workshop, pond and room to breathe! The 3-bedroom, 2-bath home is ready for your imitation and offers an opportunity for the next owner to transform it into a home that fits their lifestyle. The property also features an enclosed double-car garage, plus an additional two-car carport at the home, providing plenty of room for vehicles, equipment, hobbies, or storage. A spacious approximately 48' x 24' shop with concrete floor, insulated and double overhead doors, provides even more room for equipment, projects, storage, or a workshop. The acreage is fenced and cross-fenced and includes a pond, along with large, mature pecan and oak trees that add character and shade to the property. One of the property's most appealing features is the additional water meters, a total of 3 on the property, the infrastructure for a potential manufactured home site. A separate area of the property has its own electric, water, and a separate septic system, creating an opportunity for additional living space, a family member's residence, guest accommodations, or a future manufactured home, subject to buyer verification and applicable county requirements. Whether you're looking for acreage, room for equipment and hobbies, or an opportunity to create a rural homestead, this property offers possibilities that are difficult to find. Come see the land, improvements, trees, pond, and potential for yourself.
This property is conveniently located approximately 3 miles from Hwy 69 and 4 miles from Hwy 412, providing easy access to Chouteau, Pryor, Tulsa and Wagoner.
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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 27, 2026 | Listed by C21/First Choice Realty | $360,000 | |
| Listed by C21/First Choice Realty | |||
| Sep 4, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017