1027 Arden Lane
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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Relisted | $274,900 | |
| Relisted | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by MG Rise Real Estate Group | $274,900 | |
| Listed by MG Rise Real Estate Group | |||
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Experience the perfect blend of comfort, space, and East Tennessee beauty with this well-cared-for three-bedroom, two-bath home located just off the shores of Douglas Lake in Sevierville. Situated on an impressive 3.11-acre lot, this all-one-level home offers a rare combination of privacy, convenience, and breathtaking natural surroundings. Step inside to find a bright and functional layout ideal for everyday living. Outside, the property truly shines with a level yard, a fully fenced wooden privacy enclosure around the side yard, and a spacious back deck where you can take in seasonal views of the lake and the Smoky Mountains beyond. A detached two-car garage adds extra convenience, whether for vehicles, tools, or recreational gear. Over the past five years, key updates have been made including a new water heater, well pump, deck, and fencing—giving you peace of mind and added value. Whether you're relaxing at home, exploring the expansive acreage, or enjoying all that Douglas Lake has to offer just moments from your doorstep, this property delivers the ideal setting for a laid-back yet connected lifestyle. Don't miss this rare opportunity to own acreage this close to the water with room to breathe and views to inspire.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017