20 Log Cabin Trail
About This Property
A sweet Log Cabin on Log Cabin Trail! This home is peaceful and centrally located. Set on nearly half an acre, options abound. Possible STR (buyer to verify) or move in ready. Bring your things and call it yours!
Recent improvements include a brand new roof with transferable warranty, fully encapsulated crawl space with de-humidifier and more.
The single story property has a recently remodeled kitchen and tankless water heater. The wood burning stove in the living room provides heat and charm. An upstairs loft may be used for storage or additional sleeping and living space. The front porch is super tranquil and provides numerous opportunities for relaxing and entertaining. The primary and second bedrooms offer plenty of room and storage in walk in closets.
One really feels away from it all here, yet it so close to everything including West Asheville, Downtown Asheville, and all the conveniences of Smoky Park Highway.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017