43
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1356 Bluegrass Road
About This Property
The home has also seen several important updates, including a newer roof, newer HVAC furnace, and newer water heater, providing added peace of mind. Inside, you'll appreciate the beautifully remodeled kitchen and main bathroom, both updated just a few years ago with modern finishes and thoughtful design.
A standout feature of this property is the nearly 1,000 square feet of unfinished basement space, offering endless possibilities to customize it to fit your needs. Create a home gym, office, workshop, recreation room, or additional living space. With its own private exterior entrance, the basement also presents an excellent opportunity for a separate living area for extended family or guests.
Adding even more potential, the basement already includes a full bathroom. If connected to the sewer, this space could provide buyers and investors with an exciting opportunity to create additional income-producing living space or a private suite, making this property as versatile as it is conveniently located.
Information is deemed reliable but not guaranteed. Buyer and buyer's agent are responsible for verifying all information and conducting their own due diligence.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$295,000
↓ $8K
(2.6%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Decreased |
$303,000
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$308,500
↓ $9K
(2.8%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$317,500
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by RE/MAX Preferred Properties Pigeon Forge | $321,500 | |
| Listed by RE/MAX Preferred Properties Pigeon Forge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017