Last 24 Hours
$645,000
396 Choate Rd, Broken Bow, OK, 74728
On Market
Commercial
1 Beds
1 Bath
80 Sq Ft
Multi Family
Built in 2020Highlights
Interior
Bedrooms 1
Bathrooms Full 1AppliancesDryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesLighting, Outdoor Grill
Lot Size1.93 acres
Building Information
Year Built2020
Stories1
Roof Type112
Land Information
APN9001-22-04S-24E-4-050-00
Land UseSingle Family Residence
Legal Description22-4-24 THAT PART OF NWNESE SEC 22 DESC AS: COM @ NW COR NWNESE; TH E AL N LN 61.62' TO POB; TH E AL N LN 320.77'; TH S00*38'
Census Tract098200
Assessed Land Value$11,766
Assessed Improvement Value$18,730
Assessment Year2025
About this property
Unique opportunity to own TWO TURNKEY INCOME-PRODUCING tiny homes on two acres in the heart of Hochatown! These rentals CASH FLOW more than many larger cabins & have a proven track record. Guests will love the affordability factor in addition to the gorgeous views. As side-by-side cabins, they're great for groups coming that want separate spaces. Don't miss your opportunity to snag this investment opportunity that you can also enjoy - if you can find open dates! Additional pictures coming.
Investor Tools
$292,473Estimated Mortgage Balance
$353,257Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,870 /month
Positive
Cash Flow Estimate:
$1,290 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,425
$30,496
2025
$11,766
$18,730
$310,569
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,425
$30,496
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$324,627
No
First
Mar 19, 2021
Mar 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,473
$351,527
54%
45%
$1,947/mo
12.4%