425671 E 1168 Road
About This Property
Nestled on three beautiful waterfront lots, this 2-bedroom, 1-bath home offers everything you need for lake living - plus an extra room that could serve as a 3rd bedroom or flex space. Enjoy the serene views and easy access to the water from your own 2-stall enclosed boat dock. Across the road, you'll also find a vacant lot, perfect for additional parking, storage, or future development. The property includes a spacious 30x40 insulated shop complete with a full bath, electric, its own hot water tank, and Burlex added beneath the concrete to prevent moisture - ideal for projects or storage. Additional features include a 2-car carport and plenty of room to relax and enjoy the outdoors. Whether you're looking for a weekend getaway or a full-time waterfront home, this property offers endless potential and comfort on the lake
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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 |
|---|---|---|---|
| May 6, 2026 | Listed by Eufaula Lakeshore Realty | $495,000 | |
| Listed by Eufaula Lakeshore Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017