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ACTIVEsingle familyvia mls

58 Kings Cove Lane

Reeds Spring, MO, 65737

4 bd3 ba2,342 sqftBuilt 1958

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60328491

List price

$625,000

3% price cut$645,000

$267/sqft

Listing description
Move-in ready, beautifully updated & packed w/ all the lake bells & whistles! Welcome to 58 Kings Cove Ln, the ultimate Table Rock Lake retreat offering lake views, a 35x25 detached garage/workshop, community pool, playground, gazebo & a short walk to the community dock, where an optional 12x30 boat slip is available for add'l $. Set on a peaceful lot surrounded by mature hardwoods, blooming perennials & a gorgeous mimosa tree, this home also boasts a spacious fenced backyard perfect for kiddos & fur babies. Kick back on the front deck & soak in Table Rock Lake views, cool lake breezes & star-filled Ozark skies. Inside, natural light fills the home w/ fresh neutral paint, durable LVP flooring & a warm, functional floorplan. The foyer creates the perfect drop zone before opening into the family room anchored by an iconic stone wood-burning fireplace. The kitchen features white cabinetry, stainless appliances, tiled backsplash, black countertops & serving bar, while the formal dining room is ready for holiday meals, game nights & family gatherings. The main level offers a beautifully updated owner's suite w/ propane fireplace, 7x5 walk-in closet & spa-like ensuite, plus oversized laundry w/ convenient access from the foyer, a second guest bedroom & full bath. Upstairs, take the whole tribe to a spacious second living area, 2 additional bedrooms & a third updated bath. The oversized 35x25 detached garage/shop delivers ample room for the boat, kayaks, fishing gear, side-by-side, golf cart & all the lake toys. By land you're min to Kimberling City, Branson West shopping & approx 30 min to Branson; by water you're min to waterfront dining, fishing, The Swings & endless coves. Bonus! Offset your lake fun w/ the option for nightly rental use, giving you the flexibility to enjoy it as your personal retreat while creating income when you're away. Per Corps, boat slips are for private owner use only & not rental guests. Lake life starts here at 58 Kings Cove Ln!
Financial analysis

Adjust the assumptions to see live results. Defaults are Branson-area estimates and will be refined with local data.

Monthly cash flow

-$224

Cap rate

6.0%

Cash-on-cash

-2.1%

DSCR

0.93

Est. annual revenue$80,066
Stays / year58
Property tax($6,250)
Insurance($3,125)
Utilities($2,160)
Electricity($120)
Waterin HOA dues
Sewerin HOA dues
Trashin HOA dues
Internet / cable($60)
HOA($2,820)
Management($16,013)
Maintenance reserve($4,003)
Cleaning($5,256)
Lodging / tourism tax($3,203)
Total operating expenses($42,830)
Net operating income$37,236
Down payment$125,000
Loan amount$500,000
Monthly payment (P&I)$3,326.51
Annual debt service($39,918)
Annual cash flow-$2,682
Break-even occupancy50.5%

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Projections and scores are estimates for informational purposes only — not financial, investment, tax, or legal advice. Branson-area defaults are starting points; confirm local rules, rates, and revenue before making any decision.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Keller Williams Tri-Lakes are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2019 Southern Missouri Regional MLS, LLC. All rights reserved.

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