491 Sequoyah Drive
About This Property
This freshly updated 4-bedroom, 2-bath lake retreat is ready for all the fun that comes with lake living! Inside, you'll find fresh updates, brand-new appliances, and a bunk/game room that's just begging for late-night card games, movie marathons, and a house full of your favorite people.
And the outdoor space? Just as good! A spacious NEW composite deck is the perfect place for morning coffee, evening cookouts, and a FRONT ROW SEAT to the Fourth of July fireworks! Enjoy partial water views in the summer and beautiful, wide-open views of Eufaula Cove once the leaves fall. There's also a screened-in front porch for those slower mornings and quiet evenings.
Need room for all the lake toys? You've got it! Along with a 2-car garage, there's a 20x30 insulated shop with plenty of room to tuck away the boat and all the extras.
Located just off Eufaula Cove, with a boat ramp a little over a mile away and downtown Eufaula just five minutes down the road, you're close to the water, restaurants, shopping, and everything that makes lake life so much fun.
Looking for a weekend escape, a place to gather the whole crew, or a potential short-term rental investment? This one checks a LOT of boxes!
The lake is calling, and this one is ready for you to answer!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017