$1,499,900
●
House -
Off Market
1417 Mountain Ash Way
Sevierville, TN 37876
5 Beds
6 Baths
3,644 Ft²
$7,461
Est. Monthly
$85
HOA / Fees
About This Property
NEARLY COMPLETED, Brand NEW Stunning 5BR/6BA Luxury cabin with
SPRINKLER SYSTEM that checks all the boxes: MOUNTAIN VIEWS, INDOOR
POOL, THEATER & GAME ROOMS, spacious 1 Acre Lot with outdoor
Fire-pit, all in gated community! ***RENTAL PROJECTIONS +/-
$200,000 a Year. Vacation and make $$$ in style! Sprinkler system
will help you maximize sleeping capacity (and INCOME) and be in
compliance with the new county requirements. Interior will feature
soring 30 feet ceilings with walls of glass to enjoy the views and
sparkling sunshine. Wide plank Tongue & Groove thru-ought, upscale
kitchen with tall cabinets and granite, tile in all the bathrooms
will provide modern feel with rustic touches. Estimated completion
is FEB 2024, just in time for a new STR Season in the Smokies.
$50,000 Furniture Credit
Unit Size
3,644 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$412
Property Type
House
Property Taxes
$11
HOA Dues
$85
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Realtracs #RTC3289386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Century 21 MVP | $1,350,000 | |
| Listed by Century 21 MVP | |||
   | |||
|
JUST COMPLETED in FEB, 2024 Brand NEW Stunning 5BR/6BA Luxury cabin with SPRINKLER SYSTEM that checks all the boxes: MOUNTAIN VIEWS, INDOOR POOL, THEATER & GAME ROOMS, spacious 1 Acre Lot with outdoor Fire-pit, all in gated community! Vacation and make $$$ in style! Sprinkler system will help you maximize sleeping capacity (and INCOME) and be in compliance with the new county requirements. Interior will feature soring 30 feet ceilings with walls of glass to enjoy the views and sparkling sunshine. Wide plank Tongue & Groove thru-ought, upscale kitchen with tall cabinets and granite, tile in all the bathrooms will provide modern feel with rustic touches. Ready to close, just in time for a new STR Season in the Smokies. Some Virtual staging was used
| |||
| Dec 13, 2023 | Listed by Century 21 MVP | $1,499,900 | |
| Listed by Century 21 MVP | |||
| Nov 13, 2023 | Listed by Century 21 MVP | $1,599,000 | |
| Listed by Century 21 MVP | |||
   | |||
|
Brand NEW Stunning 5BR/6BA Luxury cabin that checks all the boxes: MOUNTAIN VIEWS, INDOOR POOL, THEATER & GAME ROOMS, spacious 1 Acre Lot with outdoor Fire-pit, all in gated community! ***RENTAL PROJECTIONS +/- $200,000 a Year. Vacation and make $$$ in style! Interior will feature soring 30 feet ceilings with walls of glass to enjoy the views and sparkling sunshine. Wide plank Tongue & Groove thru-ought, upscale kitchen with tall cabinets and granite, tile in all the bathrooms will provide modern feel with rustic touches. Estimated completion is JAN 2024, just in time for a new STR Season in the Smokies. $50,000 Furniture Credit
| |||
Property Highlights
Air Conditioning
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Sevier
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Listed by: Irena McCoy, Century 21 MVP
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3289386
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3289386
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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