1112 N Trail Drive
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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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Mar 6, 2023 | Listed by Tennessee Elite Realty | $1,195,000 | |
| Listed by Tennessee Elite Realty | |||
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BRAND NEW JUST COMPLETED! INVESTORS!! SHORT-TERM RENTAL WITH ALL THE BELLS AND WHISTLES! 3BR/3.5BA LUXURY HEATED INDOOR POOL WITH WATERFALL (ONE OF THE LARGEST INDOOR POOL CABINS YOU WIL FIND) CABIN SITTING ON 0.94 ACRES WITH PANORAMIC VIEWS OF DOWNTOWN PIGEON FORGE AND MT. LECONTE, GREAT LOCATION, HUGE LOT, TURNKEY, AND MINUTES TO THE PARKWAY IN PIGEON FORGE, TN! PROJECTED INCOME OF $140,000 ANNUALLY FROM A REPUTABLE RENTAL COMPANY. This cabin is top notch and sure to impress and is being sold fully furnished and turnkey! Interior features include tongue and groove walls and ceilings with two tone stain, recessed lighting, luxury vinyl plank flooring, black fixtures, tile surround showers/tub and more! Also, featuring a fully equipped kitchen with stainless appliances, granite countertops, white shaker cabinets, plenty of cabinet space, and an eat-in dining area for additional seating. This cabin will be setup to maximize sleep space on overnight rental. Spacious living room with stone accented electric fireplace with mantle and French doors leading to one of three covered decks. Master Suite on the main level with tile surround tub/shower combo and closet. On the second level you will find two additional Master Suites. The second bedroom will have a King bed with private bathroom with tile surround tub/shower, and the third bedroom will be furnished with queen over queen bunk beds and a walk-in tile surround shower. Also, on the second level you will find a massive Gameroom for the ultimate entertainment experience including pool table, arcade games, an additional seating area w/ flat screen TV, soaring vaulted ceilings, and walk-out onto the covered deck overlooking mountain views for miles! To save the best for last, in the lower level you will find a state-of-the-art indoor pool room with an oversized 15x20 heated pool with waterfall and LED lighting, a half bath, and a private covered deck with bubbling hot tub.
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| Oct 5, 2022 | Listed by Tennessee Elite Realty | $1,499,900 | |
| Listed by Tennessee Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017