32
Map
11 Spring Hill Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| May 5, 2026 | Listed by Prime Mountain Properties | $75,000 | |
| Listed by Prime Mountain Properties | |||
| Aug 26, 2024 | Listed by Prime Mountain Properties | $99,000 | |
| Listed by Prime Mountain Properties | |||
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This beautiful 1-acre lot near Gatlinburg offers a unique opportunity to build your dream home with stunning views of Mt. Leconte. Already approved for a 3-bedroom septic system, the property is ready for construction. All the listing photos are drone shots, capturing the breathtaking setting from every angle above the treeline, including the gently sloping terrain and the expansive views of one of the tallest peaks in the Smoky Mountains. Surrounded by lush forests, the lot provides both privacy and a deep connection to nature, while still being conveniently close to the vibrant attractions of Pigeon Forge. Whether you're planning a permanent residence or a vacation retreat, this lot combines the tranquility of mountain living with easy access to local amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017