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ACTIVEsingle familyvia mls

304 Cedar Terrace

Blue Eye, MO, 65611

3 bd3 ba3,479 sqftBuilt 1987

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60329780

List price

$575,000

$165/sqft

Listing description
Dreaming in shades of shimmering blue? Consider this your official invitation to stop dreaming and start living beside the water you keep picturing.This three-bedroom, three-bathroom home sits pretty on pristine shoreline, where a gentle, easygoing walk leads you straight to the lake -- no scrambling down rugged slopes or negotiating with gravity required. Better still, you score both lake views and true lakefront, a combination that feels almost greedy in the best possible way.Inside, double family rooms give everyone room to spread out. One crowd can cheer at the big game while another settles into a puzzle, a movie, or a well-earned nap -- no negotiating over the remote necessary. When cooler evenings arrive, the propane fireplace flickers to life, turning chilly nights into cozy ones without the hassle of hauling firewood.10'x 24'Boat Slip available for additional $70,000 (no boat lift).Storage? Prepare to be impressed. There's genuine space galore here, so seasonal decorations, lake toys, and that ever-growing collection of paddleboards all find a proper home instead of cluttering the hallway.Then there's the outdoor patio, which quietly steals the entire show. Picture warm summer nights, gentle breezes off the water, and the kind of lakeside gatherings that stretch happily past sunset. This is where memories get made, drinks get poured, and worries get politely shown the door.Community perks include outdoor pool, community center, outdoor gathering spaces, fitness room, courts and lake access!Comfortable, spacious, and blessed with a shoreline most people only visit on vacation, this one delivers everyday lake living at its finest. Schedule your showing before someone else claims your waterfront happy place.**Some photos are virtually staged for design ideas**
Financial analysis

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

Short-term rentals aren't permitted here, so this is underwritten as a long-term rental — monthly rent and vacancy instead of nightly rate and occupancy.

Monthly cash flow

-$2,401

Cap rate

1.4%

Cash-on-cash

-25.1%

DSCR

0.22

Est. annual revenue$18,867
Property tax($5,750)
Insurance($2,300)
Utilities($0)
HOA($450)
Management($1,509)
Maintenance reserve($943)
Total operating expenses($10,953)
Net operating income$7,915
Down payment$115,000
Loan amount$460,000
Monthly payment (P&I)$3,060.39
Annual debt service($36,725)
Annual cash flow-$28,810

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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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