1725 Red Fox Ridge Way
About This Property
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Cap Rate Calculator
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 22, 2022 | No longer available | - | |
| No longer available | |||
| Jul 2, 2022 | In contract | - | |
| In contract | |||
| Jun 29, 2022 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 17, 2022 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jun 8, 2022 | Listed by Tennessee Mountain Real Estate | $525,000 | |
| Listed by Tennessee Mountain Real Estate | |||
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SALE FELL THROUGH DUE TO BUYERS FINANCING! Are you looking for your next investment property or just your own little slice of the Smoky Mountains to enjoy? Look no further! This gem is situated where you can get into Pigeon Forge to enjoy all of the attractions or head to Townsend for a relaxing drive through the mountains. There is a game room that is located in the gazebo and a brand new 5 person hot tub. These owners have done so many new upgrades and it is truly a turnkey property just waiting for you to come in and enjoy! The manager has listed the unit size as 1076 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017