1901 Douglas Lake
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 |
|---|---|---|---|
| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jul 19, 2020 | Listed by ReMax Cove Mountain Realty | $199,900 | |
| Listed by ReMax Cove Mountain Realty | |||
   | |||
|
8ac private peninsula on Fox Island on the Beautiful Douglas Lake here in the Smoky Mountains of Tennessee! This 2 bedroom 1 full bathroom is the perfect getaway from all the hustle and bustle in the world. This property features generator power (included), septic, and well on property. This one of a kind property is only accessible by boat (also included!). It is a perfect turn key getaway! There is always a catch when owning an Island property though, It does not qualify for conventional financing and homeowners insurance is hard to get. Over 1500' of shoreline on your private peninsula with year round water.
| |||
| Jul 20, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by The Home Team Real Estate Co. | $159,900 | |
| Listed by The Home Team Real Estate Co. | |||
| | |||
|
Accessible by water ONLY, not insurable therefore cash only buyers, generator used for power, 2 br, 1 ba cabin on Fox Island, year round water, approx 1500' lake frontage, great get-away or weekender, cabin complete with generator, well, septic, etc. Located to right Point A, look for huge boat dock with blue metal roof, call for details.
| |||
| May 20, 2014 | Listed by The Home Team Real Estate Co. | $179,900 | |
| Listed by The Home Team Real Estate Co. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Sevier
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3573253
Brokerage email: [email protected]
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017