6 Highway 64
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2026 | Listed by Keller Williams Advantage | $75,000 | |
| Listed by Keller Williams Advantage | |||
| Sep 5, 2025 | Price Decreased |
$75,000
↓ $10K
(11.7%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$84,900
↓ $5K
(5.7%) | |
| Price Decreased | |||
| Jan 17, 2025 | Price Decreased |
$90,000
↓ $9K
(9.1%) | |
| Price Decreased | |||
| Oct 16, 2024 | Listed | $99,000 | |
| Listed | |||
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EXPLORE THIS MAGNIFICENTLY MULTI-FACETED 6.5 +/- ACRES IN MUSKOGEE—RIGHT OFF HIGHWAY 64! Situated just 2 miles south of downtown Muskogee, this heavily treed property offers both privacy and convenience, making it an ideal choice for a variety of uses, from a private retreat to a potential development site. Discover the perfect canvas to bring your dreams to life on this stunning 6.5 +/- acres of vacant land. With prime road frontage on Highway 64, accessibility is a breeze, especially with nearby highways including Highway 69 just 1.5 miles away and Highway 62 a mere 3.5 miles. Enjoy easy travel to neighboring towns, including Fort Gibson (10 miles), Wagoner (16 miles), Checotah (19 miles), and Coweta (20 miles), while being perfectly positioned for quick access to major routes like the Muskogee Turnpike (8.5 miles) and I-40 (20 miles). Whether you envision building your dream home, creating a recreational getaway, or pursuing investment opportunities, this enchanting piece of land is a rare find in a rapidly growing area. Don’t miss the chance to own land with unmatched potential! Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017