1171 Ski View 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 |
|---|---|---|---|
| Feb 3, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | Listed by Century 21 MVP | $715,000 | |
| Listed by Century 21 MVP | |||
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EXPECTED GROSS RENTAL INCOME OF ~$98,000. CABIN GROSSED $50,000 July - December 2021. PERFECT LOCATION – cabin is nested in a beautiful wooded setting, yet is only minutes from downtown Pigeon Forge and Gatlinburg. Before you even walk into the cabin, there is a carved wooded picnic table and a cozy fire-pit sitting area out front - perfect for warming up on brisk nights. 3 KING SIZE MASTER SUITES – one on each level, each has their own bathroom with a bubbling jetted tub. You will appreciate the custom updates in every room of this gorgeous property. When you walk into the cabin, you are greeted by a STONE FIREPLACE with solid wood mantle, cathedral ceilings, and gleaming NEW FLOORS. You will love the country kitchen with updated STAINLESS STEEL APPLIANCES, including a range with double oven. On the lower level you will find a great REC/THEATER ROOM equipped with all you need for a fun evening – huge cozy couch, large flat screen tv and game/kitchen area. Upstairs you will find a bright game loft with a wall of windows – a great place to hang out for a game of pool. The screened porch has a hot tub to enjoy all year long! Spacious outdoor space with private decks on 2 levels.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017