324 Falcon Lane
About This Property
This exceptional Lake Eufaula property truly checks all the boxes-whether you're searching for a full-time residence or the perfect weekend getaway. Situated on nearly an acre in desirable Falcon Ridge, the home offers breathtaking backyard views and easy access to the water, complete with a boat slip and lift just a short walk away.
The home features 3 bedrooms, 2 bathrooms, and a dedicated room/space for a study/office or craft room, providing both comfort and flexibility. The spacious kitchen is well-appointed with granite countertops, a breakfast bar, stainless steel appliances, and double ovens-ideal for entertaining.
Enjoy peaceful mornings and stunning sunsets from the enclosed back porch or relax on the inviting screened front porch. A circular driveway offers convenient access and ample parking, including space for your boat trailer. Inside, a wood-burning fireplace with insert creates a cozy atmosphere for year-round enjoyment.
Located just minutes from Highway 69 and Highway 9A, this property offers easy access to Tulsa, Dallas, and beyond-making it as convenient as it is beautiful.
Don't miss your opportunity to own this incredible lake home-schedule your showing today!
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Listed by Eufaula Lakeshore Realty, LLC | $675,000 | |
| Listed by Eufaula Lakeshore Realty, LLC | |||
| Sep 26, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017