Escape to the charm & character of this custom 2-story log cabin
nestled beneath mature oak trees on a beautifully landscaped 1-acre
corner lot in the peaceful Rustling Oaks community near Richland
Chambers Lake. Surrounded by towering shade trees, fruit trees,
tropical plants, & beautiful yucca, this rustic retreat offers lake
views, abundant privacy, & a seasonal creek winding along the back
of the property toward the lake. At 2,329 square feet, the home
features 3 bedrooms, 2 full bathrooms, and a versatile office that
can easily become a 4th bedroom, 2nd living area, or game room.
Rich cedar walls, ceilings, & floors create an authentic log cabin
feel throughout, while the spacious living room showcases soaring
vaulted ceilings, skylights, & a cozy wood-burning fireplace. The
oversized kitchen is designed for gathering with a large center
island, & the washer, dryer, refrigerator, countertop dishwasher, &
Starlink satellite internet equipment all convey with the home.
Wraparound porches extend along 3 sides of the home, including an
impressive 80-foot screened porch that serves as additional outdoor
living space, while a custom slate patio provides another perfect
spot to relax or entertain. The oversized 2-car garage includes a
large storage closet plus a 23' x 20' decked bonus area above with
stairway access, windows, electricity, & endless possibilities for
storage or future finished space. The fully fenced backyard
features a drive-through gate, a 12' x 20' insulated storage shed
with electricity & ramp, & a reinforced 48' x 48' concrete parking
pad with 110-volt RV hookup plus additional electrical service for
your boat or other recreational equipment. Fresh exterior log paint
enhances the home's curb appeal, & the community boat ramp is just
five minutes away. If you're looking for a peaceful lake retreat
with rustic charm, mature trees, abundant wildlife, & plenty of
room for all your lake toys, this one-of-a-kind property is ready
to welcome you home.
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.
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