1929 Bales Way
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 |
|---|---|---|---|
| Dec 27, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by All Pro Realtors, LLC | $728,900 | |
| Listed by All Pro Realtors, LLC | |||
| Sep 17, 2021 | No longer available | - | |
| No longer available | |||
| Aug 1, 2021 | Listed by EXIT Realty Blues City | $925,000 | |
| Listed by EXIT Realty Blues City | |||
| | |||
|
Beautifully secluded home? For a home or a rental this log home is perfect. It is located near Gatlinburg, only a few minutes from the Arts and Crafts Loop. This is a well constructed home built with actual logs, not siding. The builder went the extra mile for this one. There are lots of extras including a fenced in back yard for your pets, a built in gas generator with a 500 pound tank to keep the house running when the power's down, a 300 sq ft screened in porch, too many extras to list. The manager has listed the unit size as 2311 square feet.
| |||
| Jul 6, 2021 | Listed by Exit Realty Blues City | $925,000 | |
| Listed by Exit Realty Blues City | |||
| | |||
|
Beautifully secluded home! For a home or a rental, this log home is perfect. It is located near Gatlinburg, only a few minutes from the arts and crafts loop. This is a well constructed home built with actual logs, not siding. The builder went the extra mile for this one. There are lots of extras including a fenced in back yard for your pets, a built in gas generator with a 500 pound tank to keep the house running when the power's down, a 300 square foot screened in porch, a gas fireplace downstairs with a blower to heat the entire home as well as a wood burning fireplace upstairs, water softener and water filtration systems, large walk in closets in both bedrooms, appliances are less than 5 yrs old, the exterior doors are Pella and less than 6 yrs old, and the upstairs bedroom walls are sound proofed. This is an amazing home with great potential! If you want to be near the action of this area but you still want peace and quiet, this is the home for you! The owners of this home will also accept offers to purchase the home furnished. The list price is without furnishings. The furniture that won't be included are...in the living room, stuffed bears, coal oil lanterns, antique kitchen cabinet, lift chair, dulcimer, printer and books. Kitchen... Emeril pans and lids, knives hanging by kitchen window, Cuisinart coffee pot and iron skillet. Upstairs bedroom...small electric fireplace, antique dresser, lift chair old trunk, stuffed animals, antique buggy, quilts, freezer, free standing gun safe. Downstairs...bear skin, deer head, pheasant, stuffed bear, leaving the gaming system but taking games and movies. Downstairs bedroom...duck on table, bear on bed, moose on glider, black smoking stand by window. Screened porch...black wicker chair, yellow planter, yarn wrapped hanging light, and green glass ball on table in front of rattan. Storage room...all tools, everything in the shed by the generator downstairs and the ferns on the bench downstairs. This property has never been on the rental program but we have had projections run. This cabin is expected to rent approx. 270 days with an average nightly rental of between $255 and $300 per night. This will put the yearly income at about $75,000 with the owner's profit being approx. $55,000. The manager has listed the unit size as 2300 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017