1233 Low Sunset Drive
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 |
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| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Century 21 Legacy | $399,900 | |
| Listed by Century 21 Legacy | |||
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Your place in the Smokies awaits at this beautifully updated log home on English Mountain. Entering from the full-length covered front porch you're welcomed into the great room with its cathedral ceiling, hardwood floors, and stone fireplace with ventless gas logs. The kitchen is sure to impress with a massive cedar-topped island and an abundance of upscale cabinets with granite tops and upgraded stainless appliances. There's even more storage in the cleverly designed pantry around the corner in the hall. Continuing down the hall you find the master bedroom, with barn door closet access and a stunning ensuite bath featuring a custom vanity with twin farmhouse sinks. Across the hall the second bedroom shares its bath ''Jack & Jill style'' with the laundry/utility room, which offers even more storage! Out back an elevated deck offers grilling & chilling space while overlooking the fenced yard with a firepit area and mini-deck with park bench. For even more possibilities, at the other end of the yard you find THREE utility buildings! The first is wired for electric and was previously used as a game room, the second is a large barn-style shed that would make an excellent workshop, and the third shed is ideal for outdoor tool storage. At the other end of the home is a large carport that also provides shade for the hot tub. There is also a hard-wired propane generator for peace of mind, a new whole-house water treatment system, plus too many other updates to list here! Situated on a gently sloping lot with mature trees and less than 30 minutes from Sevierville, Newport, or the National Park, this is an ideal primary residence or second home, and was previously a successful overnight rental. Schedule a visit ASAP, and see how this superb property can work for you!
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| Jan 29, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by Brandon Hannah Properties | $349,900 | |
| Listed by Brandon Hannah Properties | |||
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Investors--$40,000 projected gross rentals or more with a couple added upgrades i.e Hot Tub and Game Tables.Beautiful Cottage in English Mountain with loads of upgrades!! This real log home is perfectly situated on a corner lot giving it perfect privacy and plenty of space. Just 4 years ago the owners replaced the roof and built a new deck to enjoy the wooded backyard and all the beautifully maintained landscaping. Propane Tank just filled ~ Newly installed insulation in the crawl space ~ Water filtration system ~ Propane generator hookup ~ and much more! Home has never been on the Short Term Rental market but could be a cash flowing investment for an investor!
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| Jul 21, 2023 | Listed by Realty Executives Associates | $424,900 | |
| Listed by Realty Executives Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017