1457 Ridgehigh Pass
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 |
|---|---|---|---|
| May 5, 2022 | Sold | ||
| Sold | |||
| Feb 28, 2022 | Listed by TN Smoky Mtn Realty | $25,000 | |
| Listed by TN Smoky Mtn Realty | |||
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Sky Harbor community. Great location off the Spur close to Gatlinburg , Pigeon Forge and all the area attractions. Great lot below tax value!! Buyer to get survey and septic approval.
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| Mar 6, 2019 | No longer available | - | |
| No longer available | |||
| Mar 3, 2017 | Listed | $19,900 | |
| Listed | |||
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This is a great opportunity to own property in the SMOKY MOUNTAINS at an affordable price. Conveniently located between Gatlinburg and Pigeon Forge this gently sloping lot fronts two roads.
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| Oct 1, 2014 | Listed by All Star Realty | $22,900 | |
| Listed by All Star Realty | |||
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Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3314080
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017