417566 E 1140 Road
About This Property
Discover the flexibility and possibilities this unique property offers with three separate residences situated on approximately one acre. Whether you're looking for additional living space, accommodations for extended family, or a property with versatile residential options, this offering provides features that are difficult to find.
The property includes:
Main Residence: 3 Bedrooms | 2 Bathrooms
Guest House: 1 Bedrooms | 1 Bathroom
In addition to the two homes, you'll find a large shop/workshop, multiple storage buildings and outbuildings, and ample parking for vehicles, boats, RVs, trailers, and equipment. The shop is well suited for storage, hobbies, workshop space, equipment, or other permitted uses. Buyers considering rental opportunities, home-based businesses, or other intended uses should verify zoning, permitting requirements, and all applicable regulations.
Outdoor amenities include mature shade trees, generous yard space, and a hot tub, creating a comfortable setting to enjoy Oklahoma mornings or relax after a day on the lake.
Located approximately 1 mile from Lake Eufaula's public sandy beach and boat ramp, the property provides convenient access to boating, fishing, swimming, and many of the recreational opportunities that make the area so desirable.
Properties offering two separate homes, a large shop, multiple outbuildings, and close proximity to Lake Eufaula are uncommon. Whether your plans include extended family living, additional guest accommodations, or simply enjoying the flexibility that multiple residences provide, this property offers a unique combination of space, functionality, and location.
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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 8, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 24, 2026 | Price Decreased |
$239,000
↓ $16K
(6.3%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by eXp Realty, LLC | $255,000 | |
| Listed by eXp Realty, LLC | |||
| |||
|
Three Separate Homes on One Property! Combined 8 Bedrooms, 5 Bathrooms, Approximately One Acre, Large Shop/Workshop, Multiple Outbuildings, and Located Just ½ Mile from Lake Eufaula’s Public Sandy Beach and Boat Ramp. Discover the flexibility and possibilities this unique property offers with three separate residences situated on approximately one acre. Whether you’re looking for additional living space, accommodations for extended family, or a property with versatile residential options, this offering provides features that are difficult to find. The property includes: Main Residence: 3 Bedrooms | 2 Bathrooms Factory-Built Home: 3 Bedrooms | 2 Bathrooms Guest House: 2 Bedrooms | 1 Bathroom In addition to the three homes, you’ll find a large shop/workshop, multiple storage buildings and outbuildings, and ample parking for vehicles, boats, RVs, trailers, and equipment. The shop is well suited for storage, hobbies, workshop space, equipment, or other permitted uses. Buyers considering rental opportunities, home-based businesses, or other intended uses should verify zoning, permitting requirements, and all applicable regulations. Outdoor amenities include mature shade trees, generous yard space, and a hot tub, creating a comfortable setting to enjoy Oklahoma mornings or relax after a day on the lake. Located approximately ½ mile from Lake Eufaula’s public sandy beach and boat ramp, the property provides convenient access to boating, fishing, swimming, and many of the recreational opportunities that make the area so desirable. Properties offering three separate homes, a large shop, multiple outbuildings, and close proximity to Lake Eufaula are uncommon. Whether your plans include extended family living, additional guest accommodations, or simply enjoying the flexibility that multiple residences provide, this property offers a unique combination of space, functionality, and location.
| |||
| Jul 3, 2026 | Price Decreased |
$255,000
↓ $15K
(5.6%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by eXp Realty, LLC | $269,999 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017