$144,000
↓ $5K (3.4%)
●
House -
For Sale
505 N Cimarron Avenue
Drumright, OK 74030
3 Beds
1 Bath
1,687 Ft²
$772
Est. Monthly
About This Property
Relax on your spacious covered front porch overlook your beautiful
treed lot. This HOME is loaded with character and plenty of space
with 3 bedrooms. Refinished wood floors in the spacious living
dining combo. Remodeled kitchen (2021) New cabinets, built in
microwave, stove, dishwasher, walk in pantry complete with sliding
barn door. Full electric rewire 2021, Newer paint, Heat & Air 2022,
hot water heater 2023. New Plumbing in 2024. Bath remodel 2021. New
flooring in both front bedrooms. New insulation around windows,
doors & attic in 2023, Backyard is ready for your animals with a
privacy fence (2023) The property has a separate guest house
presently used as storage but ready for your handyman. OWNER/SELLER
is a licensed agent/Broker in OK
Unit Size
1,687 Ft²
Days on Market
191 days
Land Size
0.32 acres
Price per sqft
$85
Property Type
House
Property Taxes
$65
HOA Dues
-
Year Built
1962
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (MLS Technology #2612848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Price Decreased |
$144,000
↓ $5K
(3.4%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Coyote Co. Realty | $149,000 | |
| Listed by Coyote Co. Realty | |||
| Mar 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 4, 2026 | Listed by eXp Realty, LLC | $150,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
Possible owner financing! Relax on your spacious covered front porch overlooking your beautiful treed lot. This HOME is loaded with character and plenty of space. 3 bedrooms. Refinished wood floors in the spacious living dining combo. Remodeled kitchen (2021) New cabinets, built in microwave, stove, dishwasher, walk in pantry complete with sliding barn door. Full electric rewire 2021, Newer paint, Heat & Air 2022, hot water heater 2023. New Plumbing in 2024. Bath remodel 2021. New flooring in both front bedrooms. New insulation around windows, doors & attic in 2023, Backyard is ready for your animals with a privacy fence (2023) The property has a separate guest house presently used as storage but ready for your handiwork & upgrades. . OWNER/SELLER is a licensed agent/Broker in OK
| |||
| Aug 15, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Interior Features: Laminate Counters, Ceiling Fan(s), ElectricRangeConnection
Appliances: Dishwasher, Electric Water Heater, Oven, Range, Stove
Flooring Type: Carpet, Hardwood, Vinyl
Laundry Features: Washer Hookup, Electric Dryer Hookup
Rooms: 8
Basement: None, Crawl Space
Exterior Details
Square Footage: 1687
Square Footage Source: $0
Security Features: NoSafetyShelter
Year Built Source: Public Records
Year Built: 1962
Building Area Total: 1687
Levels: One
Other Structures: Storage, Second Residence
Window Features: Wood Frames
Construction Materials: Aluminum Siding, WoodFrame
Patio and Porch Features: Covered, Deck, Porch
Pool Features: None
Lot Features: Corner Lot, Sloped, MatureTrees
Lot Size Area: 0.321
Lot Size Units: Acres
Lot Size Acres: 0.321
Lot Size Square Feet: 14001
Water Source: Public
Financial Details
Tax Annual Amount: $778
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Drumright
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Listed by: Kaleb Wright, Coyote Co. Realty
Last Updated: 5 months ago
Data Source: MLS Technology, MLS# 2612848
Last Updated: 5 months ago
Data Source: MLS Technology, MLS# 2612848
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