1816 Placid 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 3, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | No longer available | - | |
| No longer available | |||
| May 20, 2026 | Listed by Century 21 MVP | $589,900 | |
| Listed by Century 21 MVP | |||
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Welcome to this beautifully maintained one-level home in a premier Sevierville neighborhood, perfectly located just minutes from shopping, dining, hospitals, and all everyday conveniences. Tucked away on a flat lot in a quiet cul-de-sac, this home offers both privacy and easy living.
Inside, you'll find a spacious open-floor plan highlighted by an oversized, upgraded chef's kitchen featuring a gas cooktop, gleaming quartz countertops, and abundant bar seating--perfect for chef entertain and be entertained. The inviting sunroom comes complete with a hot tub, creating the ideal space to relax and unwind year-round. Car enthusiasts and hobbyists will love the oversized 3-car garage, which also includes an additional bedroom with a full bath--perfect for guests or a home office. This home is truly move-in ready with numerous updates, including a new roof (2024), tankless water heater (2025), AC (2019), new primary bathroom (2024), plus much more (complete list available). Thoughtfully updated and meticulously cared for, this property offers stress-free living in a fantastic location.
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| Apr 9, 2026 | Price Decreased |
$599,900
↓ $35K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017