16 Red Bud Lane
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 |
|---|---|---|---|
| Jul 7, 2023 | Listed by Prime Mountain Properties | $178,900 | |
| Listed by Prime Mountain Properties | |||
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Gorgeous 5.14 acre property in Walnut Grove Show Farms. Property is perfectly located in Sevierville with easy access to everything. This land lays very well and offers all the services, power, cable, water & sewage (MAY NEED SEPTIC DUE TO CURRENT SEWER MORATORIUM) available. Surrounding tracts/properties are over 5 acres as well for great privacy. Drone photos were used in this listing.
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| Jun 1, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Prime Mountain Properties | $179,900 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017