ACTIVEsingle familyvia mls

122 Joseph Cove Drive

Lampe, MO, 65681

4 bd4 ba3,324 sqftBuilt 2018

Listing courtesy of Keller Williams Local · (417) 883-4900 · MLS# SOM60331971

List price

$1,250,000

$376/sqft

Listing description

MOVE-IN READY and impeccably maintained, this custom-built residence by Jay Steed is a dream come true WATER FRONT HOME featuring panoramic UNOBSTRUCTED VIEWS of Table Rock Lake from the 2 covered decks and THREE EN-SUITE BEDROOMS. The layout includes a main-level primary suite and a lower-level SECOND LIVING AREA with a WET BAR and a 4th non-conforming bedroom. A manicured path leads down to your exclusive community only boat dock where you can relax on the large cement SWIM DECK next to your 12'x30' BOAT SLIP WITH DOCK LOCKER available for an additional $85,000. The OPEN CONCEPT LAYOUT on the main level has VAULTED CEILINGS and is flooded with natural light from the direct lake views. Wood-look ceramic tile floors compliment the island kitchen with Samsung stainless steel appliances and granite countertops. Just across the Kimberling City Bridge, this Lampe location is close to Silver Dollar City, Dogwood Canyon, and all that Branson has to offer. Enjoy WORLD CLASS FISHING and all that lake life brings with this elite home tucked away in a stable and tranquil GATED COMMUNITY. Pinnacle Shores provides a saltwater pool, clubhouse, fitness facility and private party room. If you have been looking for a lake front home with TRULY STUNNING VIEWS this luxury residence at the end of a QUIET CUL-DE-SAC may be the private oasis you have been dreaming about!

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

-$6,581

Cap rate

0.1%

Cash-on-cash

-31.6%

DSCR

0.01

Purchase price

Down payment %

Interest rate %

Renovation budget

Monthly rent

Vacancy %

Mgmt fee %

Est. annual revenue$23,272

Property tax($12,500)

Insurance($5,000)

Utilities($0)

HOA($1,881)

Management($1,862)

Maintenance reserve($1,164)

Total operating expenses($22,406)

Net operating income$866

Down payment$250,000

Loan amount$1,000,000

Monthly payment (P&I)$6,653.02

Annual debt service($79,836)

Annual cash flow-$78,970

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Talk to a Branson STR expert

Sydney Shepherd can confirm subdivision rules, HOA restrictions, and realistic revenue for this property.

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.