1985 Le Conte Street
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 |
|---|---|---|---|
| Dec 22, 2023 | No longer available | - | |
| No longer available | |||
| Dec 3, 2023 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Price Decreased |
$299,900
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Nov 3, 2023 | Listed by REMAX REAL ESTATE TEN OF MORRISTOWN | $325,000 | |
| Listed by REMAX REAL ESTATE TEN OF MORRISTOWN | |||
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Imagine waking up each morning to breathtaking long-range mountain views, the kind of scenery that promises serenity and inspiration. Welcome to 1985 Leconte St, a newly remodeled gem nestled in the heart of Morristown, TN, where every day feels like a retreat.This stunning home offers a generous 3,308 square feet of finished living space, featuring five bedrooms and three baths, providing ample room for family, guests, or a home office setup. The heart of the home is the kitchen, boasting sleek stainless steel appliances, including a gas oven that will delight the family chef, and it's all topped off with the timeless elegance of a wood-burning fireplace to gather around on chilly evenings.Step outside onto your covered deck, an ideal spot for entertaining or simply soaking in the views with your morning coffee or evening glass of wine. The property's circular driveway not only adds a touch of sophistication but ensures convenience for you and your guests.With a roof less than 10 years old, you can rest easy knowing that this home is as reliable as it is beautiful. And at a competitive price of $325,000, this property isn't just a home; it's an investment in your future.Don't miss the chance to own a piece of paradise, where every detail adds to a lifestyle of comfort and tranquility. Schedule your viewing of 1985 Leconte St, and take the first step towards claiming this slice of heaven as your own. The manager has listed the unit size as 3308 square feet.
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| Dec 13, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017