Two-Family Residential Income
For Sale
$347,500
Pending
4807-4809 N Britton Drive, Stillwater, OK 74075
1998 construction with central air, forced-air heating, and a full appliance package.
Property Size3,131 SF
Days on Market95
Property Features for 4807-4809 N Britton Drive
General Information
Standard status
Pending
Size
3,131 SF
Property subtype
Residential Income
Zoning
Two Family Stw
Taxes and HOA fees
Annual Taxes
$3,423
Amenities
Central Air
Forced Air
Dishwasher, Disposal, Range, Refrigerator
Attached
Building Details
Building Size
3,131 SF
Year Built
1998
Listed By:
Oscar Fortune · License #142390
(405) 747-6042
Source:
Evrealestate
Added: Jul 16
Changed: Oct 16
Last Checked: Oct 16 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oscar Fortune
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property in Stillwater, Oklahoma, was built in 1998 and is designated Two Family Stw zoning. Interior features include central air, forced-air heating, a dishwasher, disposal, range, and refrigerator. The property has a 3,131 property size as identified in the listing data.
Access is provided from Perkins Road through Park View Estates, with the property address on N Britton Drive. The source information also identifies an attached exterior feature.
Access is provided from Perkins Road through Park View Estates, with the property address on N Britton Drive. The source information also identifies an attached exterior feature.
Key Highlights
- Two Family Stw zoning designation
- Built in 1998
- 3,131 property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,329
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580
$446.6K
Cap Rate 7%
$318,986
$319.0K
Cap Rate 9%
$248,100
$248.1K
Market Conditions
NOI Build-Up for 3,131 SF
Gross rent
$45.5K $14.52/SF
− Vacancy
−$4.9K −$1.55/SF
EGI
$40.6K $12.97/SF
− OpEx
−$18.3K −$5.83/SF
NOI
$22.3K $7.13/SF
Area
Payne County, OK
Vacancy
10.70%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,580
Cap Rate 7%
$318,986
Cap Rate 9%
$248,100
Alternative Uses
Best Use
Apartment 5plus
$319.0K
$279.1K – $372.2K
NOI $22,329 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.9K
$673.7K – $898.3K
NOI $53,896 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 74075, OK
25,033
Population
12,255
Households
2
Avg Household Size
28
Median Age
50%
College-Educated
95%
High-School Grad
94.8 sq mi
ZIP Area
264
Density / Sq Mi
$45,540
Median Household Income
$23,292
Median Earnings
$933
Median Rent
$220,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - 1998 construction with central air, forced-air heating, and a full appliance package.
Where is this residential income property located?
The property is located at 4807-4809 N Britton Drive Stillwater, OK.
What is the asking price?
The asking price for this property is $347,500.
What are key features of this property?
This property features: Two Family Stw zoning designation; Built in 1998; 3,131 property size
