1805 Trout Way
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 7, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Mountain Home Realty | $600,000 | |
| Listed by Mountain Home Realty | |||
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Beautiful Cabin with the sounds of the creek running along the property! Home is currently being used as a vacation home but can be used as a overnight rental. Owner has made a ton of upgrades. Granite counter tops in the kitchen, new appliances, new flooring in the open concept living/dining area. Downstairs you have 2 bedrooms and 2 full bathrooms. Master bathroom has a remodeled walk in tile shower, granite counter top and new flooring. Stackable Washer/Dryer has been replaced as well. Upstairs is an open loft area with a bed and a huge closet. The outside of the home is scheduled to be stained/painted in the coming weeks along with the new additions to the deck. Cabin has new windows, doors and metal roof is a year old. This home is located in a quiet community 4 miles from Dollywood and 13 miles to Gatlinburg. No steep roads and lots of parking. Community has a park & a pavillion. Most of the furniture conveys with home and could easily be converted into a overnight rental.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017