1346 Deer Meadows Road
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 |
|---|---|---|---|
| Jul 31, 2017 | Listed | $274,900 | |
| Listed | |||
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This charming and spacious home with a mother-in-law apartment and a private fenced backyard is located in a quiet, well-kept Sevierville neighborhood not far off of Veterans Blvd, giving it easy access to both Sevierville and Pigeon Forge. The main floor features lovely reclaimed barnwood floors in an open living/dining/kitchen area with a natural gas fireplace. Split bedrooms are found on either side. The dining area opens to a screened back porch which overlooks and leads to the backyard. The laundry/mud room is off the kitchen. The master suite gets lots of natural light and was remodeled to update the bathroom and create a larger walk-in closet. Real river rock pebbles accent the floor and carrara-look tiles line the new tub/shower. The other two bedrooms are comfortably-sized and are on either side of the hall bathroom. A staircase leads to the beautifully-finished separate living space downstairs, which includes a full-size stack washer/dryer. The upscale-looking kitchen boasts stainless appliances, lots of gleaming cabinets, bar seating, and even a pantry closet! The living room could be a family/recreation room and features a second gas fireplace and very nice hardwood floors. The large bonus room has french doors that open to the outside, a gorgeous bathroom with a huge shower, and a spacious walk-in closet that tops it all off! There is an entrance door off the lower driveway, where there is room for a garage, if desired. There are separate HVAC units for each floor. The backyard has so many opportunities for family fun or entertaining. Gather around the fire pit on a cool evening, or enjoy the two porch-style swings while the kids play on their own swing set. The sellers have made many improvements to the property in recent years, including a new water treatment system, new water heater, new dishwasher, and new storage shed, just to name a few. This wonderful home may be the one you have been waiting for...call for a showing today!The manager has listed the unit size as 2730 square feet.
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| Jun 20, 2014 | Sold | ||
| Sold | |||
| Jun 11, 2013 | Listed by Action Real Estate, Inc. | $239,900 | |
| Listed by Action Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017