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$259,900

Sale Pending
4208 N Pottenger Ave, Shawnee, OK 74804
3 Beds
3 Baths
0 Square Feet
0.39 Acres Lot
Built in 1970
Sale Pending
Units n/a
Checked: 13 hours ago
Updated: Jun 28, 2025 at 03:13AM

Investment Summary


Monthly Cash Flow
-$78
Cap Rate
5.3%
Cash-on-Cash Return
-1.6%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Property Description


0.39 Acres Lot
Built in 1970
Sale Pending
Units n/a

This unique floor plan is ideal for those seeking a non-traditional floor plan. The layouts of the living areas create a warm and inviting atmosphere, perfect for large gatherings or entertaining. The granite finishes not only add a touch of luxury but are also durable and easy to maintain. The kitchen is likely to be a highlight, featuring updated appliances and ample counter space, making it ideal for culinary enthusiasts. The wet bar provides an additional entertaining option, allowing you to serve drinks effortlessly during gatherings while watching your favorite games! Each bedroom is spacious and comfortable, with the primary suite offering an en-suite bathroom for privacy and convenience. The additional bathrooms are thoughtfully layed out as well. Outdoor living is enhanced by the large corner lot, providing plenty of space for play and relaxation. The circle drive adds to the curb appeal, makes for easy access and provides plenty of space for parking. With its proximity to I40, this home ensures you’re never far from essential amenities, whether it's shopping, dining, or healthcare. The fresh paint, new carpets and lvp flooring throughout add a fresh, contemporary touch, making this home move-in ready. Overall, this property represents a perfect blend of comfort and style.

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Location


Property Details


Parking

  • Description: Attached, Garage, GarageDoorOpener
  • Details: Attached, Garage, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 12
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 019500006011000000
  • Lot Size: 16814 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1970

Tax Information

  • Annual Tax: $1,903

Utilities

  • Heating: Natural Gas, Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Pottawatomie

Listing Details


Listed by:
Jenifer Stevenson
Berkshire Hathaway-Benchmark
(405) 306-4137

Source:
MLSOK
MLS#: 1146664

Investment Summary


Monthly Cash Flow
-$78
Cap Rate
5.3%
Cash-on-Cash Return
-1.6%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Purchase Details

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Purchase price:
$259,900
Amount financed:
-$207,920
Down payment:
$51,980
Closing costs:
$7,797
Rehab costs:
$0
Initial cash invested:
$59,777
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$207,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,230
Property tax:
$159
Insurance:
$133
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,522

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,900 $22,800
Vacancy loss: (6%)
6% -$114 -$1,368
Operating income:
$1,786 $21,432

Operating Expenses


% Rent Monthly Yearly
Property taxes: (8%)
8%-$159-$1,903
Insurance: (7%)
7%-$133-$1,596
Property management: (8%)
8%-$152-$1,824
Repairs & maintenance: (5%)
5%-$95-$1,140
Capital expenditures: (5%)
5%-$95-$1,140
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (33%)
33%-$634-$7,603

Cash Flow


Monthly Yearly
Net operating income:
$1,152 $13,824
Mortgage payments:
-$1,230 -$14,760
Cash flow:
$78 $936