655 Chinook Road
About This Property
In a market full of cabins, this one stands apart.
Two separate homes. One incredible opportunity. Whether you're looking for a high-performing vacation rental, multi-family getaway, or full-time living with private guest quarters, this property delivers flexibility most cabins simply can't offer.
Located minutes from Broken Bow Lake and centrally positioned in Hochatown, this fully furnished retreat is turnkey and ready to generate income or welcome guests immediately.
The Property Includes:
Main Cabin: 4 bedrooms | 2 full baths | 1 half bath
Plus A Private Studio Cottage: King bed, living area & full bath
Total of 5 Bedrooms across TWO separate homes
Sold fully furnished - all furniture, decor, appliances, kitchenware included
Outdoor fire pit for evening gatherings
Hot Tub and BBQ Grill
Prime central Hochatown location near Hwy 259 with easy access to the lake
Walk or bike to restaurants, shopping & attractions
Minutes to Broken Bow Lake
Boat and RV Parking
Why This Property Is Different
-Perfect for multi-family vacation rentals
-Ideal for owners who want to live in one home and rent the other
-Private in-law or guest quarters
-Separate space for teens or extended family
-Strong appeal for larger booking groups
The separate studio cottage provides privacy and flexibility that most cabins in the area simply do not offer - making this property highly attractive to vacation renters and homeowners alike.
Wake up to the sounds of nature, spend your days at the lake, and end your evenings under the stars around your own fire pit.
If you're looking for versatility, income potential, and location - this is the one.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$399,000
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$449,000
↓ $40K
(8.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$489,000
↓ $30K
(5.8%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$519,000
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Feb 18, 2026 | Price Decreased |
$549,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017