1720 Walker Trail
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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by Prime Mountain Properties | $494,900 | |
| Listed by Prime Mountain Properties | |||
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This newly renovated, turnkey STR is the income producing investment you've been searching for! This property has generated over $50,000 in rental income from June 2023 - December 2023! More than $100,000 in updates & upgrades have been added to the home in 2023 alone! Newly finished outdoor amenities including a mini-golf course with string lighting above, a fire-pit area in the back yard surrounded by outdoor seating & a hanging swing and also a playground area for the kids to have endless fun. Enjoy brand new luxury finishes inside with stainless steel appliances, granite countertops, walk-in tile showers, bathroom vanities, bedroom furniture, couches/chairs, upgraded lighting, smart TVs, and LVP flooring. With all the sought-after amenities, this property has the potential to yield high returns as an overnight rental! The children can crash in style in the bunk/game room that comes complete with multiple arcade games, air hockey, foosball, 2 smart TVs and two twin beds in the bunk space for the kiddos. Sleep 6 comfortably here at “Putt N Stay.” Located less than 5 miles from the main Parkway in Pigeon Forge and Dollywood, this property is also centrally located for easy access to all of the fun and attractions in the area. Call and schedule your showing today!
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| Jun 13, 2023 | Listed by Prime Mountain Properties | $519,400 | |
| Listed by Prime Mountain Properties | |||
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This newly renovated, turnkey STR is the income producing investment you've been searching for! This property has generated just short of $50,000 in rental income from June 2023 - December 2023! More than $100,000 in updates & upgrades have been added to the home in 2023 alone! Newly finished outdoor amenities including a mini-golf course with string lighting above, a fire-pit area in the back yard surrounded by outdoor seating & a hanging swing and also a playground area for the kids to have endless fun. Enjoy brand new luxury finishes inside with stainless steel appliances, granite countertops, walk-in tile showers, bathroom vanities, bedroom furniture, couches/chairs, upgraded lighting, smart TVs, and LVP flooring. With all the sought-after amenities, this property has the potential to yield high returns as an overnight rental! The children can crash in style in the bunk/game room that comes complete with multiple arcade games, air hockey, foosball, 2 smart TVs and two twin beds in the bunk space for the kiddos. Sleep 6 comfortably here at “Putt N Stay.” Located less than 5 miles from the main Parkway in Pigeon Forge and Dollywood, this property is also centrally located for easy access to all of the fun and attractions in the area. Call and schedule your showing today!
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| Jan 17, 2023 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by Colonial Real Estate, Inc | $364,989 | |
| Listed by Colonial Real Estate, Inc | |||
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Sellers are offering a seller credit at closing of 15K USD toward closing costs and prepaids! Come take a look and fall in love. This is a rare opportunity to buy a wonderful home that can be an amazing overnight rental, second home, or primary residence. The large lot has level parking and easy access on main roads. The open concept home has lots of room for house guests and a yard to entertain. This home is 5 minutes from Dollywood, 8 minutes to Pigeon Forge, and only 10 minutes from the arts and crafts area and Gatlinburg. The property is move-in ready but priced to leave room for updates. This home is surrounded by performing overnight rental properties and is ready for you to make it amazing. The property has never been on a rental program however its estimated to make 73K on overnight rentals (AIRDNA data). Do not miss this opportunity to buy a property that can pay for itself.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017