1839 Natures Lane
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%.
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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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 5, 2025 | Listed by Real Broker | $609,900 | |
| Listed by Real Broker | |||
| Apr 9, 2024 | Listed by eXp Realty | $659,000 | |
| Listed by eXp Realty | |||
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Motivated Seller! Huge Price Drop! Nearly $100K in revenue in both 2022 and 2023, on pace to do $85K in 2024.
New updates in Sept of 2024 with a Complete remodel of downstairs including adding an additional arcade, new high end electric fireplace, new ceiling fan, new area rugs, new flooring, new paint on every wall, new wall decor, and painted all outdoor furniture. This well maintained cabin in Wears Valley has over 1850 square feet of tastefully decorated living space.
The main level includes a large King Suite Bedroom, a Queen Bedroom, Laundry room and additional full bathroom for added convenience. The open living room features vaulted ceilings, plenty of seating and a gas fireplace to relax by after a day of adventure in the Great Smoky Mountains.
There is a large, fully equipped kitchen, complete with modern appliances and ample counter space and dining area, or take your meals outside to the expansive deck, where you'll find a propane grill and plenty of seating.
Downstairs in the finished basement, you'll discover a haven for kids and adults alike, with Queen over Queen Bunk Beds, 2 arcade games, a High end electric Fire place and foosball table. Plus another full bathroom, ensuring everyone has plenty of space and privacy.
After a day of exploring the nearby attractions, from Dollywood to hiking trails, unwind in the hot tub on the back deck or gather around the propane fire pit for s'mores and stories under the stars. With over 850 square feet of deck space and a carport for added convenience.
During the winter months you can enjoy seasonal views of the mountains from the back deck.
Updates over the past 3 years include adding the 3rd full bathroom, new Hot Tub, all new TV's, outdoor furniture, new beds, arcade game, foosball table, sleeper sofa, fully updated kitchen ware, updated decking, basement flooring, most appliances, stained exterior, gutters, fire pit and more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017