43
Map
1405 Cherokee 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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Century 21 Legacy GP | $350,000 | |
| Listed by Century 21 Legacy GP | |||
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If you've been waiting for a move-in ready home that feels good the moment you walk through the door, this is it. This spacious 3BD/2BA ranch style home delivers easy main-level living, a smart layout, and a location that puts you moments from Sevierville, Pigeon Forge, Dollywood, and all the best everyday conveniences the Smokies are known for. Set in a quiet, established subdivision with city-maintained roads, this home checks boxes you don't usually find at this price point: a usable front and back yard, an attached 2-car garage, and a sunny rear deck made for relaxing, grilling, or unwinding at the end of the day. Inside, the great room opens up beautifully to an airy living space that flows seamlessly into the dining area and full kitchen, giving the home a bright, welcoming feel. The private primary suite offers two closets and its own full bath, while two additional bedrooms and a second bath just down the hall. A dedicated utility room and bonus pantry/storage space mean there's a place for everything (and everything actually fits). Whether you're searching for a first home, a second home, tenant property, or a low-maintenance, close-to-town retreat, this one delivers comfort, convenience, and value in one compelling package. This is the kind of home buyers wait for—come see it before someone else calls it theirs.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017