18 Mountain Meadows Estates
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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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Richardson Group | $45,000 | |
| Listed by Richardson Group | |||
| May 9, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by Richardson Group | $37,500 | |
| Listed by Richardson Group | |||
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OVER AN ACRE, MINUTES FROM THE HIWASSEE RIVER - Build your dream home in the foothills of the Great Smoky Mountains in Tennessee. On over an acre of land, this lot boasts stunning mountain views and has water, electric and telephone utilities available on site. Spend relaxing weekends with family and friends at the Hiwassee River conveniently located just a short drive away. You don't want to miss out on this opportunity to live the life you've wanted!
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About Polk
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Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3323545
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017