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39 Alder Place
About This Property
With convenient access from a well-maintained road and an excellent building site, the property is ideally suited for a custom vacation home, private retreat, or short-term rental investment in the growing Broken Bow/Hochatown market. The elevated setting and natural surroundings provide the scenery and mountain atmosphere buyers seek when building in the area.
Priced to sell, with an additional lot available from the same owner, purchase individually or explore the opportunity to acquire both.
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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 19, 2026 | Listed by Monica Maynard | $99,900 | |
| Listed by Monica Maynard | |||
| May 2, 2026 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by eXp Realty, LLC | $629,900 | |
| Listed by eXp Realty, LLC | |||
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Escape to the Chic Forest Hideaway, a stunning modern cabin tucked away in the towering pines of Broken Bow, Oklahoma. This stylish retreat blends contemporary design with rustic charm, offering the perfect balance of comfort, luxury, and nature. Whether you’re planning a romantic getaway, a family vacation, or a peaceful weekend with friends, this cabin provides everything you need for an unforgettable stay. Step inside to discover an open-concept living space filled with natural light and breathtaking forest views. The living room features a cozy stone fireplace, plush seating, and a smart TV—perfect for movie nights after a day of adventure. The fully equipped gourmet kitchen includes high-end appliances, a spacious island, and all the essentials for cooking and dining together. The cabin offers two beautifully designed bedrooms with premium bedding and en-suite bathrooms, ensuring privacy and relaxation. A loft area provides additional sleeping space and entertainment options, making it ideal for families or small groups. Outside, unwind on the expansive deck surrounded by nature. Soak in the private hot tub, gather around the fire pit under the stars, or enjoy a meal on the outdoor dining patio. Every detail has been thoughtfully curated to create a serene and stylish atmosphere. Located just minutes from Beavers Bend State Park and Broken Bow Lake, you’ll have easy access to hiking, boating, fishing, and local dining. After a day of exploring, return to your peaceful hideaway and let the sounds of the forest lull you into relaxation. With central heating and air, a washer and dryer, and plenty of parking, the Chic Forest Hideaway combines modern convenience with the tranquility of the woods. Experience the best of Broken Bow—where nature meets sophistication, and every moment feels like a breath of fresh air. TAKE A TOUR BY VIEWING THE WALKTHROUGH VIDEO. For a video link, contact the Listing Agent
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| Jun 5, 2025 | No longer available | - | |
| No longer available | |||
| Apr 10, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017