49 Driftcast Road
About This Property
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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 |
|---|---|---|---|
| Nov 21, 2025 | Listed by ABW Edmond Inc (BO) | $135,000 | |
| Listed by ABW Edmond Inc (BO) | |||
| Sep 12, 2025 | No longer available | - | |
| No longer available | |||
| Apr 16, 2025 | Listed by ABW Edmond Inc (BO) | $135,000 | |
| Listed by ABW Edmond Inc (BO) | |||
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Scenic 1.02-Acre Lot in Oakridge Estates – Prime Location Near Beavers Bend State Park
Nestled on the corner of Driftcast and Dry Fly Roads, this 1.02-acre parcel offers a unique opportunity in the heart of Oakridge Estates. With utilities available and a gently sloping landscape ideal for easy construction, it's the perfect spot to build your dream cabin or vacation retreat.
Located just off 259A North and east of the brand-new Choctaw Landing Resort, this property enjoys proximity to some of Southeast Oklahoma’s most sought-after attractions. The north entrance to Beavers Bend State Park is just minutes away, offering year-round fly fishing, scenic hiking trails, horseback riding, nature exploration, and even family-friendly train rides. The area sees over 2 million visitors annually, making it a prime location for personal use or potential rental income.
You’ll also be just a short drive from the shops, restaurants, and entertainment of Hochatown, blending peaceful seclusion with convenience. Whether you're looking to invest or build a private getaway, this rare piece of land places you at the doorstep of adventure.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017