1
Map
2 River Road
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2019 | Listed by Key Mountain Realty LLC | $150,000 | |
| Listed by Key Mountain Realty LLC | |||
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4.53 Level acres with sewer and water available. Acreage with so much to offer. Beautiful views, Little Pigeon river frontage! The location of the property is phenomenal. It is the center of everything in Sevier County. This property was previously zoned as commercial and owner had chanted to R-1. Property backs up to commercial use property. Property could possibly be changed back to commercial. Would be great for beautiful residential home or could possible be developed. Call for private showing.
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| Nov 1, 2018 | Listed by Key Mountain Realty LLC | $199,000 | |
| Listed by Key Mountain Realty LLC | |||
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4.53 level acres with sewer and water, Level acreage with soooo much to offer. Beautiful views, Little Pigeon River, location, location, location. The location of this property is phenomenal. It is in the center of everything in Sevier County. This property was previously zoned as commercial and owner had changed to R-1, property backs up to commercial use property. Property could possibly be changed back to commercial. Would be great for beautiful residential home or could possibly be developed. Close to everything, great location!!! Call for your private showing.
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| Aug 18, 2018 | Listed by Key Mountain Realty LLC | $199,000 | |
| Listed by Key Mountain Realty LLC | |||
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4.53 acres located in the heart of Sevierville just behind the Ford Dealership. This undeveloped land has the potential for many uses.
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| Jul 30, 2017 | Listed by Key Mountain Realty LLC | $239,000 | |
| Listed by Key Mountain Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017