418210 E 1200
About This Property
Spacious kitchen has plenty of room for dining table in front of the wall of windows looking out to the deck and the lake beyond. Ample spaced living room with bonus room for office, work-out room or additional sleeping area. The deck is elevated offering a great vantage point to see the water and has covered gazebo for shade. Wildlife and walking trails make this a conveniently located oasis for you to start living the lake life. Eufaula Cove Marina is just minutes away for access to boat slips. The 3 car attached garage is a huge asset for housing your lake toys, boat and vehicles.
This is a rare opportunity with a blank slate so give me a call and literally make this one yours in practically every way! 3 hours from Dallas, 2 hours from OKC, 1.5 hours from Tulsa, 1.5 hours from Ft. Smith.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Listed by Lake Homes Realty, LLC | $599,900 | |
| Listed by Lake Homes Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017