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Longtown 74432
37 Lakeaire Drive
$60,000
● House - Off Market

37 Lakeaire Drive

Eufaula, OK 74432
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
857 Ft²
$433
Est. Monthly

About This Property

Endless possibilities await with this unique investment opportunity right by Lake Eufaula! This property features two separate structures, offering flexibility for a primary residence, mother-in-law suite, ADU, rental, or workshop space. The existing home is vacant and will require significant clean-up and improvements, making it ideal for investors, builders, or buyers ready to create something new. Whether you renovate or start fresh, the spacious setting provides the perfect backdrop to bring your vision to life. Property to be sold as-is and showings available after an accepted contract..
Unit Size
857 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 months ago (MLSOK #OKC1221861)

Price History

Date / Event Date Event Price
May 15, 2026 Sold
Premium
Sold
Apr 16, 2026 In contract -
In contract
Apr 1, 2026 Listed by Verbode $88,000
Listed by Verbode

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,223,440
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 740
  • Total Building Area: 857
  • Building Area: 857
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 857
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREER HEIGHTS SUB #1
  • Land Acres: 0000074000
  • Standard Land Use Code: 1001
  • County Land Use Code: SF
  • Legal Description 1: LOT 2 GREER HEIGHTS SUB-DIVISION NO 1

Neighborhood

  • School District Name: Canadian Public Schools
  • School Tax School District: CANADIAN SD
  • Census Tract: 485601

Geography

  • Account Number: 36248
  • Section: 20
  • Parcel: 2245-00-000-002-0-002-00
  • Lot: 2
  • Meridian: SEC 20 TWN 9N RNG 17E
  • Municipality: RURAL SUBS
  • Latitude: 35.2416
  • Longitude: -95.5276

    Address

  • Full Address: 37 Lakeaire Dr
  • Address - House Number: 37
  • Address - Street Name: Lakeaire
  • Address - Suffix Type: Dr
  • State: OK
  • City Name: Eufaula
  • Carrier Code: R001
  • 4-Digit Zip Code: 5314
  • Zip Code: 74432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $27,800
  • Tax Rate Code Area: 102

    Appraisal Valuation

  • Standard Deviation: 0.4302
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 13
  • Final Value: 44,996
  • High Value: 64,354
  • Low Value: 25,637

    Market Valuation

  • Market Total Value: $76,201
  • Market Land Value: $3,202
  • Market Improvement Value: $72,999

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,571
  • Assessed Land Value: $352
  • Assessed Improvements Value: $3,219
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longtown

Stats & Trends

Median Asking:

$344,500

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2033 ft²

Average Home Age

26.3 years

Currently For Sale

63 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MLSOK

Listed by: Phillip D Gaines, Verbode
Last Updated: 5 months ago
Data Source: MLSOK, MLS# OKC1221861
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 MLSOK, Inc. All rights reserved.

Frequently Asked Questions

When was property at 37 Lakeaire Drive built and last sold?
The property at 37 Lakeaire Drive was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 37 Lakeaire Drive is $0.
What are some comparable homes to 37 Lakeaire Drive?
There are currently no comparable homes to 37 Lakeaire Drive.
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