1024 Elm Circle
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2024 | No longer available | - | |
| No longer available | |||
| Jan 25, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2023 | Listed by Colonial Real Estate, Inc. | $799,900 | |
| Listed by Colonial Real Estate, Inc. | |||
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WHAT AN OPPORTUNITY!! TURN KEY!! SETUP TO SLEEP 13!! PROJECTED FOR OVER $123K YEARLY INCOME!! Just Minutes from Gatlinburg, Pigeon Forge And More,1024 Elm Circle, a.k.a. Hickory Hill, is a HUGE Cabin in the Well-Established Sky Harbor Community only a few minutes to Everything the Smoky Mountains has to offer! Space Abounds Inside And Out from the Open Yard, Expansive Deck, and Oversized Rooms on Every Floor! Guests Love this Gorgeous Cabin with Awesome Amenities from the Private Hot Tub to the Firepit and Game/Media Room! New deck railings have been installed recently. The rest will be completed to match before closing! Schedule a showing today to make this cabin Yours! The manager has listed the unit size as 2333 square feet.
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| Nov 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017