578 Sequoyah Drive
About This Property
The manager has listed the unit size as 2164 square feet.
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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 |
|---|---|---|---|
| Mar 8, 2025 | Listed | $425,000 | |
| Listed | |||
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SELLER INCENTIVE OF $10,000 TOWARD CLOSING COSTS OR RATE BUY DOWN. WATERFRONT LAKE HOME on two lots overlooking Eufaula Cove! One of the most successful Airbnb/VRBO properties on the lake, this home features 4 bedrooms, 2 bathrooms, a wood-burning fireplace, granite countertops, and patio views overlooking the lake. The seller states the property is on a dockable shoreline for your opportunity to add your own private dock (per Corps of Engineers approval). This location is the best! Within 5 minutes to town, marinas, and boat ramps! No restrictions here! Perfect for a part-time lake home and investment property! This property is ready for YOU right now!
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| Aug 4, 2020 | No longer available | - | |
| No longer available | |||
| May 1, 2020 | Price Decreased |
$334,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Mar 1, 2020 | Listed | $344,000 | |
| Listed | |||
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VIEWS, VIEWS, VIEWS! Imaging sitting on your deck sipping your morning coffee while looking out at beautiful Lake Eufaula. This home offers 4 beds, 2 bths, granite counter tops, stainless steel appliances, 2 car attached garage, zoned H/A, and a wood burning fireplace. Also, has a new aerobic septic, new concrete driveway & porch less than 2 years old. Home has a large covered back deck perfect for entertaining guest. CALL TODAY! The manager has listed the unit size as 2164 square feet.
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| May 10, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017