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ACTIVEcondovia mls

245 Cove Crest, Unit 105

Kimberling City, MO, 65686

2 bd2 ba1,767 sqftBuilt 2011

Listing courtesy of Keller Williams Tri-Lakes · (417) 336-4999 · MLS# SOM60324270

List price

$499,000

$282/sqft

Listing description
Lakefront -Gated- Positioned on the peaceful side of Table Rock Lake within the prestigious gated community of Pointe Seven Condos, this exceptional 2-bedroom, 2-bath luxury residence delivers the refined lake lifestyle discerning buyers have been searching for. Thoughtfully designed for comfort, elegance, and effortless living, this true walk-in condo offers the rare convenience of parking and walking directly into your home -- no stairs, no hassle, just seamless accessibility.From the moment you enter, you are welcomed by sophisticated finishes, timeless design elements, and breathtaking year-round lake views that create a calming retreat from everyday life. Spa-inspired bathrooms feature vessel sinks, designer tilework, a soaking tub, and a walk-in shower that brings a resort-style experience into your daily routine.Pointe Seven is known for its upscale atmosphere and resort-quality amenities, including a beautifully appointed clubhouse, exercise room, saltwater pool, hot tub, picnic area, and meticulously maintained grounds. Water, sewer, trash, and exterior maintenance are included, allowing you to enjoy a truly low-maintenance luxury lifestyle and spend more time enjoying the lake.One of the most exceptional offerings with this property is the rare private 2-car garage *- one of only three within the subdivision -- providing abundant storage for lake toys, vehicles, and recreational equipment while adding significant value and convenience. Complete the luxury lake experience, additional package options are available including an 11'x30' boat slip with HydroHoist lift and locker for $80,000, a golf cart with specialty tires for $6,000, and the double garage for $75,000. Conveniently located in Kimberling City, with exceptional boutique shopping, spas, restaurants and shopping. The Lake Awaits!
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

-$2,306

Cap rate

0.8%

Cash-on-cash

-27.7%

DSCR

0.13

Est. annual revenue$16,152
Property tax($2,161)
Insurance($1,996)
Utilities($0)
HOA($5,700)
Management($1,292)
Maintenance reserve($808)
Total operating expenses($11,957)
Net operating income$4,195
Down payment$99,800
Loan amount$399,200
Monthly payment (P&I)$2,655.89
Annual debt service($31,871)
Annual cash flow-$27,676

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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.

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