1316 ROBERT Ridge
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%.
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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 |
|---|---|---|---|
| Apr 25, 2024 | No longer available | - | |
| No longer available | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by New Direction Real Estate | $889,900 | |
| Listed by New Direction Real Estate | |||
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You'll feel like you're on vacation every day when sitting poolside with mountain views at this brick one level rancher in the city limits of Sevierville! You couldn't ask for a better location with easy access to Dollywood, Pigeon Forge, Great Smoky Mountains National Park, Sevierville & Gatlinburg. This home has many recent upgrades which include: an open concept floor plan, granite countertops, gas stove, apron front kitchen sink, ample cabinet space, & new wood flooring throughout the living room, kitchen & owner's suite. Floors in the owner's suite are heated. The garages are heated & cooled, offering a comfortable work space and temperature controlled storage. Outside you will find an expansive living area sporting an inground heated salt water pool with a waterfall & hyrdo-therapy jet spa. The pool is surrounded by gas lanterns and a large outdoor wood burning fireplace with a natural gas start. The back patio is equipped with an outside Sono speaker system that'll keep your pool party groovin' while the retractable awning permits shade poolside. Your back yard is fenced for privacy & security for your pets! Your lawn will be the envy of this well-established neighborhood thanks to the irrigation system in both the front & back yards. Upgrades to be noted are the new garage doors, roof & gutters. City amenities include public water, trash & debris pick up. This is a perfect home for the family entertainer or anyone looking to buy a second home away from home here in the Smoky Mountains. The manager has listed the unit size as 2700 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017