324 Third Street
About This Property
The setup is what makes this one stand out. Two full kitchens, two laundry areas, and a walkout lower level create a natural split for multi-generational living, guests, or even separate living quarters if needed. Upstairs offers a 3-bed, 2-bath layout, while the lower level adds 2 more bedrooms with a Jack-and-Jill bath-giving you true primary suite options on both levels. No stairs required for lower-level access, which is a big plus for long-term usability.
The home sits on a flat, usable 0.54-acre lot inside Camdenton city limits. Plenty of room to add a shop, garage, or just enjoy the space. Covered front porch adds to the curb appeal and gives you a functional outdoor area right out front.
Location checks the boxes too-just minutes to grocery stores, restaurants, schools, and all the Lake of the Ozarks attractions.
If you've been looking for a large, fully updated home -and don't want a project-this is one that delivers real value for the money.
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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 5, 2026 | Relisted | $389,995 | |
| Relisted | |||
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 24, 2026 | Price Decreased |
$389,995
↓ $5K
(1.2%) | |
| Price Decreased | |||
| May 26, 2026 | Price Change | $394,900 | |
| Price Change | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017