1616 Pinewood Way
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 20, 2023 | Listed by eXp Realty | $590,000 | |
| Listed by eXp Realty | |||
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Prime location only two miles to the Dollywood entrance! This is a proven rental machine with over $77k in gross revenue for 2022 and a 4.92 rating on airbnb with 60 reviews! Currently $30k on the books for 2023 with half the year still left to book. This is a great investment opportunity that is turn key and ready to rent or be used as a vacation home! Kitchen is nicely appointed with granite countertops and stainless steel appliances. The large vaulted ceilings make the cabin feel spacious and open all while you can enjoy the pool table and the 65" TV in the living room! The covered back deck also has a hot tub for your enjoyment. Hidden Springs Resort features an indoor community pool which you and your guests will love! HVAC and water heater were replaced in 2017, a lot of the furniture was redone in the last 2-3 years, new gutters and gutter guards as well as new downspouts. Schedule a showing today or ask the sellers agent for a video tour!
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| Apr 14, 2022 | Sold | ||
| Sold | |||
| Feb 27, 2022 | Listed by eXp Realty | $545,000 | |
| Listed by eXp Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 27, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017