1708 Lake View Circle
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 18, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 28, 2023 | Listed by Smoky Mountain Real Estate Corporation | $525,000 | |
| Listed by Smoky Mountain Real Estate Corporation | |||
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Immaculately maintained true log cabin, loaded with rustic charm. Being rented as a 2BR 2BA with excellent rental history. Grossing 58k in 2021 & 47k in 2022. (Taxes are not included in those numbers) In a wonderful, serene setting with lots of privacy. The cabin features a nice stone stacked wood burning fireplace, vaulted ceiling with hand hewn beams, and two oversized porches... with entire back porch screened in. A perfect size kitchen with lovely granite counter tops. There are 2-bedroom suites, one on the main floor and the 2nd one upstairs. This cabin has great outside space too.... just a short walk to the community lake, an awesome fire-pit, charcoal grill area, and three porches! A rear-screened porch with queen size swing bed, foosball table, and outdoor dining table. Open side porch with hammock and covered front porch with rockers and swing. Don't miss out on this gem! No HOA Fees & a great location...being only minutes to Pigeon Forge, Gatlinburg, and the National Park. Easy access on paved roads, plenty of parking. Some recent upgrades are...Exterior stain in 2022, new washer/dryer in 2023, new HVAC installed in 2020. The manager has listed the unit size as 1126 square feet.
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| Mar 24, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017