1810 Ridgecrest Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | Listed by The Real Estate Firm Inc. | $385,000 | |
| Listed by The Real Estate Firm Inc. | |||
| |||
|
This fully updated cabin just 10 minutes from the parkway and Wears Valley Road. It can serve as a perfect private residence, a charming second home, or an upscale overnight rental. Located in Hidden Mountain West, this property is not part of an HOA, providing endless possibilities.
The circle driveway offers ample parking, complemented by a new retaining wall. The front porch and deck area now include an outdoor kitchen, perfect for entertaining. Inside, the newly renovated kitchen boasts stunning granite countertops and new cabinets, leading to a dining area and a cozy living room with a stacked stone gas fireplace.
The large master suite features a fully remodeled bathroom with a walk-in shower. Highlights of the many updates include a new roof, new metal around the chimney, a new gas insert, and a new water purification system.
The basement, currently used as a workshop, can easily be completed into a second bedroom, game room, or theater room, with plumbing for an additional bathroom. A French door opens to the back, where a lower deck could be added for extra outdoor entertainment. The crawlspace is fully encapsulated, with 12 foundational supports added as a preventative measure.
This cabin combines rustic charm with modern amenities, making it an ideal retreat.
| |||
| Feb 17, 2023 | Listed by Keller Williams | $499,900 | |
| Listed by Keller Williams | |||
| |||
|
~~HUGE PRICE REDUCTION TO ALLOW FOR BASEMENT TO BE COMPLETED--AWESOME AREA FOR GAME ROOM, ADDITIONAL BEDROOM(S) & DEN~~An adorable chinked log cabin nestled in a private wooded setting in desired Hidden Mountain resort just 10 minutes from the Parkway in Pigeon Forge. Cozy living room with stacked stone gas fireplace (new insert w/remote control & temp control), cathedral ceiling and beautiful laminate wood floors. Fully equipped kitchen with granite counters, newer cabinets and flooring open to your charming dining area. Owner's suite with king sized bed (will need mattress) and newer stack washer/dryer. Renovated master bath with walk-in shower and luxury vinyl flooring. Enjoy your days and evening relaxing in your sunroom where there is plenty of room for a gaming/craft area. This mountain getaway features a wide covered front porch that runs the length of the cabin with it's own outdoor grilling/cooking area. In addition to all this home has to offer you can venture downstairs to the walkout unfinished basement area ( approx. 600 sq ft) that could be converted to additional living area. Could easily have another bedroom, bath, game room and deck area. Recently added 12 foundation supports and encapsulated crawlspace with dehumidifier. Cable TV and broadband internet available. Easy off-street parking with a circular driveway. Community lake access with catch and release fishing. THIS WOULD BE AN AMAZING RENTAL PROPERTY~~MONEY MAKER~~VACATION HOME OR RESIDENCE. ~~PROJECTED GROSS INCOME FOR 2021 $45,000 AND 2022 $55,080 BASED ON 1 BEDROOM 1 BATH~~WOULD BE HIGHER WITH ADDITIONAL SQ FT COMPLETED~~
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017