440 Cedar Tree Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by Lake Homes Realty, LLC | $359,999 | |
| Listed by Lake Homes Realty, LLC | |||
| Jul 13, 2026 | Price Decreased |
$359,999
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by Lake Homes Realty, LLC | $385,000 | |
| Listed by Lake Homes Realty, LLC | |||
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Waterfront home with private dock and 2 shops! Dock has new composite decking with new supports, 2 new pencil anchors, security gate with side panels and new floaters. Lake Eufaula is top 10 in the nation for Bass and Crappie fishing and this region of the lake is it's own popular fishing mecca. The neighborhood ramp will make it easy to launch your boat too. Inside is natural wood interior and a cozy gas fireplace. Gourmet kitchen with granite countertops has built-in pantry with pull outs, gas stove for cooking your favorite meals and New dishwasher. . . NEW ROOF AND GUTTERS, New propane tank that has been filled with propane and a TANKLESS on demand hot water heater are among the comforts this home offers. A 50 Amp Service is in place for powering your RV. The 20x30 insulated shop is perfect for storing your lake items. Step out your back door to wood deck for some grilling and hot tub time with a view of the lake. The separate bunk room will be great for sleeping extra family or friends. Additional 20x30 insulated hobby shop with INDOOR STORM CELLER could easily be converted to another guest space. Serene outdoors with mature shade trees and a variety of fruit trees: plumb, nectarine, peach. Rustic cabin, lake access, private dock, ramp, separate BUNK ROOM and fenced back yard. This one has all you need to come live the lake life. Located between Eufaula and McAlester, approx 3 hrs from Dallas, 2 hrs from OKC, 1.5 hrs from Tulsa. Call to see today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017