11
Map
2 Low Gap Road
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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 |
|---|---|---|---|
| Feb 7, 2020 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by United Real Estate Solutions | $99,000 | |
| Listed by United Real Estate Solutions | |||
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|
This is a beautiful .65 acre wooded lot in the heart of Gatlinburg. A great place to build your forever home. A quiet place in the woods so close to the park. Less than 5 minutes to down town Gatlinburg. The lot lays nearly level and is a great building lot. A paved street is on either end on the property. It has utility water and sewer available. Please see attached survey.
| |||
| Jul 10, 2019 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by Tennessee Elite Realty | $79,900 | |
| Listed by Tennessee Elite Realty | |||
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About Gatlinburg
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Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3308619
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017