New Calumet Home, Open
202 E Main Street Calumet, OK 73014
202 E Main Street, Calumet, OK, 73014
$349,900
For Sale
$349,900
Expansive 2,041 square feet of open concept living space
Property Size2,041 SF
Lot Size0.05 Acres
Price / SF$171.44
Days on Market547
Property Features for 202 E Main Street
General Information
- Standard status
- Active
- Property type
- Residential land & home lots, Residential income homes, Multifamily properties, Land, Investment properties, Residential income properties
- Size
- 2,041 SF
- Total Parking Spaces
- 2
- Elevators
- N/A
- Lot size
- 0.05 Acres
Building Details
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
Listing agency
(405) 249-3401
Listed by
Casey
(405) 249-3401
Added: Jan 20, 2025 Updated: Mar 16 at 9:06AM
Investment Insights
Based on property information with market context.
This 2,041-square-foot single-story home, built in 2024, features an open-concept layout with four bedrooms and two bathrooms. The kitchen includes black custom cabinetry, premium black stainless steel appliances, polished gray countertops, and a large kitchen island. Tall windows provide views of the fully fenced backyard. Both bathrooms feature modern finishes, black granite countertops, and matte black fixtures. The primary bedroom includes an ensuite bathroom with a generously sized bathtub, a double vanity, and a walk-in shower. The fully fenced backyard offers privacy. Located in Calumet, Oklahoma, the property is within walking distance of the local public school and provides easy access to Interstate 40 and historic Route 66. The property sits on a 0.04685 acre lot and includes a two-car attached garage.
Key Highlights
- 2,041 square feet
- 4 bedrooms
- 2 bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.8k | $10.20 |
| − Vacancy | −$1.9k | −$0.92 |
| EGI | $18.9k | $9.28 |
| − OpEx | −$5.7k | −$2.78 |
| NOI | $13.3k | $6.50 |
2,041 SF · lease $10.20/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$189.4K
$165.8K – $221.0K
NOI $13,261 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$159.3K
$139.4K – $185.9K
NOI $11,154 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$444.4K
$388.9K – $518.5K
NOI $31,109 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Expansive 2,041 square feet of open concept living space
Where is this residential land & home lot located?
The property is located at 202 E Main Street Calumet, OK.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,041 square feet; 4 bedrooms; 2 bathrooms
