1526 Sky View Drive
About This Property
Step outside to discover a private fire pit just steps from the cabin, complete with custom swinging benches where you can relax and enjoy the lovely Smoky Mountain air in any season.
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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 |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by Real Broker | $959,000 | |
| Listed by Real Broker | |||
| Jul 13, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Your Home Sold Guaranteed Realty | $429,500 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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Rental Projections up to $91,925, with this Cash Flow Cabin. Four Master Bedrooms, each with its Jacuzzi. This cabin has tons of character, strong rental history ($70,000 each year the last two years), and with the right management company, it has the opportunity to increase rental revenue. New appliances, new floors in the lower level, custom front doors, custom accents throughout, and an entire electrical system upgrade. Additional features include two of the four Masters on main, two stacked stone fireplaces, dual HVAC Units, a Game Room, and a large outdoor Hot Tub. Sit outside on multiple decks and enjoy the peacefulness of the Mountains. Low HOA fees and a perfect location between Pigeon Forge and Gatlinburg, make the Animal Kingdom your ideal choice.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017