128 Skyline 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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | Listed by Tennessee Life Real Estate Professionals | $697,500 | |
| Listed by Tennessee Life Real Estate Professionals | |||
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It all started with that view! This mountain view home is a real showstopper, with everything you need all on the main level plus enormous bonus space downstairs. Home has that 'just right' layout, with wide open spaces coupled with many extra generous rooms and the right amount of separation. Enjoy one level living on the main in the expansive great room with wonderful built-ins, a completely updated kitchen with double ovens and durable Silostone counters, keeping room with fireplace, formal dining area, a fresh mud/pantry/laundry room, beautiful Owner's suite, lovely guest room, and 2nd full bathroom. Oversized two car garage and the fabulous covered deck (did we mention that view?) are also on main level with no steps and all new paint and flooring throughout. Downstairs, find two more bedrooms, one that doubles as an office with fireplace, a huge 2nd living room, rec room complete with pool table, and amazing extra storage. The lower level patio is also covered and boast the same breathtaking mountain views overlooking the newly fenced large back yard. This immaculate home is move in ready, with fresh paint, a new high efficiency Trane heating and AC system featuring whole house filtration, water softener, and like new roof as well. High speed internet and natural gas are available. Dandridge, TN is a beautiful historic town (TN's 2nd oldest) with everything you need. This location is convenient to I-40, allowing for easy access to Morristown, Knoxville, and all of the fun and excitement of Sevierville, Pigeon Forge, and Gatlinburg. This area is an outdoor enthusiast's dream, with great lakes, rivers. parks, walking, biking, and driving trails. TN's low cost of living (no state income tax), four mild yet distinct seasons, and gorgeous scenery make this area and especially this home a must see!
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| Aug 21, 2024 | Listed by Tennessee Life Real Estate Professionals | $697,500 | |
| Listed by Tennessee Life Real Estate Professionals | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017