1844 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 |
|---|---|---|---|
| Aug 23, 2023 | Listed by Action Real Estate, Inc. | $549,900 | |
| Listed by Action Real Estate, Inc. | |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 14, 2020 | Listed by Prime Mountain Properties | $309,000 | |
| Listed by Prime Mountain Properties | |||
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Only minutes from Dollywood/Veterans Blvd in beautiful Lone Branch Creek Resort, Cherokee Creekside is a fully furnished log cabin and would make a superb investment property or permanent residence! GRI is strong and is on target to surpass last years income, even with a two month shut down! Enjoy the creekside sounds from the deck as you relax on the porch swing! Cabin has been well maintained/updated and features: Tasteful decor and furnishings throughout entire cabin, open concept floor plan with large cathedral ceilings perfect for family time or entertaining, large windows to fill the cabin with natural light, upgraded Stainless steel kitchen appliances, 2 King suites each with a full bath, arcade game, wrap around deck with swing, picnic table, and hot tub, parking area just repaved. Many updates! Sellers have worked to create a very successful rental and it shows, boasting 9.6/10 overall ratings! Turn key! Call for details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017