1746 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%.
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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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Apr 13, 2021 | Listed by All Star Realty | $359,900 | |
| Listed by All Star Realty | |||
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Incredible home with a beautiful mountain view. The seller only rents have of the home out through airbnb. The half they rented grossed over $20,000 last year and they closed it down a couple of months. It has potential to do in the $40,000 with renting the entire home. The seller added a new driveway to make it easier to access the home, plenty of parking. In 2020 the seller has made many improvements including the following. Excavated left side property to install a driveway. (gravel base then blacktopped). Tore out old front steps & built new ones up to porch steps. Built walkway from new driveway around house to side porch. Expanded the side porch & built cover over it. Added water softener. Removed all wallpaper, painted all walls & planked wall in Living room & both bedrooms. Installed new plumbing fixtures & lighting in guest side bath. All new furniture in living room. Added 2 security cameras & outdoor lighting at driveway/walkway. Installed all new door locks. Front door lock is a WIFI lock with remote capabilities. Installed new ceiling fans thru out. Installed bear-proof trash container. Installed park-style charcoal grill. New carpet in guest side bedroom. New flooring in living area & master bath entrance. Converted the fireplace over to new gas log fireplace. Installed a new 55 gal. water holding tank. In 2021 they have installed stainless steel appliances and tv's. All measurements and information was obtained from the county tax records and the buyer should verify all information. Propane tank is leased.
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| Apr 6, 2020 | Listed by All Star Realty | $229,900 | |
| Listed by All Star Realty | |||
| Nov 9, 2019 | No longer available | - | |
| No longer available | |||
| Sep 20, 2019 | Listed | $185,000 | |
| Listed | |||
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Very nice 2 bedroom, 2 bath home in Pigeon Forge! In an excellent location. Located only minutes to Dollywood, shopping, and restaurants. Although there are a some steps to access the home, the home itself is all one level. Features include nice size bedrooms, fireplace in the living area, large covered deck, and a fully equipped kitchen. Comes fully furnished! Already setup great for a 2nd home but could easily make a great overnight rental or even permanent residence. Offered at an excellent price! The manager has listed the unit size as 960 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017