1502 Ridgecrest 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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by Prime Mountain Properties | $399,900 | |
| Listed by Prime Mountain Properties | |||
| Aug 14, 2026 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Increased |
$405,000
↑ $5K
(1.3%) | |
| Price Increased | |||
| Feb 3, 2026 | Listed by Re/Max Cove Mountain Realty | $399,900 | |
| Listed by Re/Max Cove Mountain Realty | |||
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This beautiful, peaceful and secluded cabin is at the end of the street for privacy. The cabin was completely remodeled 3 years ago and has new furniture and appliances. Recently added water purifier system. Relax while you cozy up to the wood-burning fireplace or soak in the hot tub on the covered screened in porch. It's conveniently located close to Pigeon Forge, Gatlinburg and the Smoky Mountain National park. The Great room has cathedral ceilings and tongue and groove walls through out. It has two bedrooms and two baths with King beds, a whirlpool tub in the master bedroom and a pull out couch. It comfortably sleeps six people. It comes fully furnished. Great for a turnkey money making investment, a peaceful getaway or a permanent home.
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| Oct 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017