9303 County Road 331
About This Property
Surrounded by the stunning boulders PK is famous for, the deep water dock provides easy access to enjoying long lake days, incredible sunsets, and unforgettable evenings under the stars.
The quintessential lake cabin has been lovingly enjoyed over the years and recent updates include new windows and raised ceilings, creating a more open and comfortable feel while still maintaining its authentic lake charm. Offering 2 bedrooms, 2 bathrooms, and approximately 1,320 square feet, this home is ideal as a weekend retreat, vacation rental opportunity, or future luxury lake escape. No HOA is also rare on a waterfront of this caliber.
Located on PK's sought-after west side, where the atmosphere is relaxed and there's room to breathe, this special property is also located in Stephens County, offering the advantage of lower taxes.
Priced to sell, don't let this one pass you by!
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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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by eXp Realty LLC | $699,900 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017