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ACTIVEsingle familyvia mls

10620 W State Highway 76

Cape Fair, MO, 65624

5 bd3 ba4,178 sqftBuilt 1995

Listing courtesy of Weichert, Realtors-The Griffin Company · (417) 338-4500 · MLS# SOM60298265

List price

$1,799,000

$431/sqft

Listing description
BIG PRICE REDUCTION!!!EXPANSIVE LAKE/MOUNTAIN VIEW! ATV TRAILS! CREEKS! 2.5 miles to the marina and boat launch! About 12-minute drive to Branson West! 73+ Acres! This is an amazingly unique property featuring a gorgeous 4,178 sq ft home, a separate two story (fully furnished) guest cabin, and a one-of-a-kind events center for entertaining! When you arrive at the property from Hwy 76, you will notice the long ranch-style fence that stretches across the front of the property. Once you go through the fully automated gated entrance, the first thing you'll see on your right side is the huge two-story guest house featuring an oversized enclosed garage where you can store your boat or RV (30AMP RV hookups). To the left will be your first glance at the gorgeous lake/mountain view that stretches for miles. Straight ahead is the home featuring a 3-car garage, a beautiful lawn and flower garden. When you walk into the home, the view will be unavoidable. You will immediately be drawn to the huge upper deck that stretches across the entire backside of the house where you can sit on the porch swing and take it all in. It truly is indescribable! You'll have to see for yourself. If you can pry yourself away from the view for a tour of the inside of the home, you will see that the upper level has 3 bedrooms, 2 full bathrooms, and a huge kitchen, lake view dining and a large living room with vaulted wood ceilings. The lower level has 2 bedrooms, a bonus room, a full bathroom, a storage cellar, a utility room, a large kitchenette, and an extra-large living space. The guest cabin comes fully furnished with multiple beds, two full baths and a kitchenette. The event center will surprise you. It's an amazing space for entertainment. It is equipped with a toilet/shower, central AC and heating, a fully functional commercial kitchen with gas appliances. On beautiful days, open up the garage doors and turn it into an indoor/outdoor pavilion. Protected garden area! Newer 4 Stall Barn with a
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

-$9,666

Cap rate

-0.1%

Cash-on-cash

-32.2%

DSCR

-0.01

Est. annual revenue$27,688
Property tax($17,990)
Insurance($7,196)
Utilities($0)
HOA($0)
Management($2,215)
Maintenance reserve($1,384)
Total operating expenses($28,785)
Net operating income-$1,097
Down payment$359,800
Loan amount$1,439,200
Monthly payment (P&I)$9,575.03
Annual debt service($114,900)
Annual cash flow-$115,998

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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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