36 Ship Bottom Bend
About This Property
All four cabins are currently operating as short-term rentals, offering multiple income-producing accommodations within one destination. The property is positioned to capitalize on Hochatown's strong vacation demand, with opportunities for rental income during the high-demand summer season and longer-term rental possibilities during the off-season.
Rather than relying on a single luxury cabin and a single revenue stream, this offering provides four individual rental units, shared recreational amenities, a clubhouse, and substantial acreage-all within one cohesive property.
For investors seeking an established short-term rental operation, a small-scale hospitality venture, or an opportunity to expand an existing vacation-rental portfolio, this property presents an exceptional combination of income potential, amenities, and land.
The 13 vacant lots offer additional potential for future expansion, subject to applicable approvals, restrictions, and development requirements. With established STR operations, multiple cabins, a private clubhouse and pool, and 33.73 acres in one of Oklahoma's premier vacation destinations, this is more than a vacation rental-it is an opportunity to acquire a turnkey hospitality investment with a vision for what comes next.
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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 13, 2026 | Listed by eXp Realty, LLC | $2,800,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017