9500 Oakwood Road
About This Property
Nestled among mature trees on a serene 2.5-acre property with an additional ±0.8-acre leaseback from the Sabine River Authority (just $52 year), this inviting lakefront home boasts an impressive 255.58 feet of water frontage. Ideal for those seeking a tranquil lakeside lifestyle, this property offers both natural beauty and modern conveniences, perfect for a primary residence, a weekend getaway, or a remote work haven.
Home has 2 bedrooms, 2 bathrooms with fresh interior paint. New flooring in the kitchen, dining area, laundry room, and bathrooms. New carpet in bedrooms and living room. Relax on the lovely front porch overlooking the lake through large windows, which fill the home with light and frame stunning water views.
Two Workshops:
- 24' x 35' workshop with 220 electric power.
- 30' x 40' workshop built in 2021, equipped with three-phase 220 power and HVAC for year-round comfort.
Two covered carports add convenient storage for vehicles or lake toys.
Private Dock: A 75-foot dock with a boat slip, built in 2021, includes 220 electric power for convenience, making it easy to enjoy the lake year-round.
For those working from home, an outdoor signal tower boosts internet speed and connectivity, so you can enjoy the beauty of lakeside living without sacrificing productivity.
No Known Deed Restrictions offers flexibility for future use.
This lakefront gem combines modern upgrades, work-from-home capabilities, and stunning natural surroundings, all within a private, spacious property. Don't miss the chance to make this lakeside retreat your own!
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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%.
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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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by CENTURY 21 Judge Fite Co. | $625,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by Front Door Realty | $284,700 | |
| Listed by Front Door Realty | |||
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Lake Front home on 2.5 acres plus another .5 -+ acre leaseback from Sabine River Auth. 255.58 ft of water frontage. Home is 2 bedroom 2 bath with new paint inside and out. new flooring in living, laundry rm. and both bathrooms. new faucets in master bath. pretty wood flooring in kitchen, dining and hallways. Nice front porch overlooking lake. workshop with electric (220 also) 24x36 and covered carport 24x19 with motion lights on both ends of building.
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About Hunt
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017