1764 Ridgecrest Drive
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 |
|---|---|---|---|
| Jul 5, 2023 | Sold | ||
| Sold | |||
| Apr 2, 2023 | Listed by eXp Realty | $445,000 | |
| Listed by eXp Realty | |||
| Jun 28, 2022 | Listed by eXp Realty | $474,000 | |
| Listed by eXp Realty | |||
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Gorgeous newly renovated 1 bedroom 1 bathroom A-frame chalet just a short distance from all of the attraction the Smokies have to offer. This property is a perfect short-term rental investment for anyones portfolio. The property has plenty of new upgrades such as stained deck, new decor, freshly painted exterior and interior. This property comes turn-key ready to be rented out
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| Mar 25, 2022 | Sold | ||
| Sold | |||
| Dec 23, 2021 | Listed by eXp Realty | $395,000 | |
| Listed by eXp Realty | |||
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Adorable A-frame cottage just minutes from all the attractions in Pigeon Forge. This is a perfect honeymoon short term rental investment for the new or seasoned investor's portfolio. The loft studio layout offers cooking and hangout space on the first floor, with a cozy loft bedroom upstairs. There is plenty of room on the private back deck to sit in the hot tub and enjoy the private wooded setting of the mountains.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017