21 Susan Drive
About This Property
The interior features a stunning two-story great room with a stone fireplace that opens to the breakfast nook and kitchen, creating a warm and welcoming space for gathering. Extensive interior updates throughout include accent walls, painted kitchen cabinets, white quartz countertops, large kitchen sink, stainless steel appliances, and beautifully updated bathrooms.
The home offers excellent outdoor living space-perfect for relaxing by the fire or enjoying games and entertaining. Conveniently connected to county water and sewer.
Ideally located near all the conveniences of Maggie Valley, Waynesville, Cataloochee Ski Area, and the Blue Ridge Parkway. This property is a prime opportunity and is currently a successful short-term rental. Being sold fully furnished, including all appliances, meticulously maintained - making it completely turnkey and move-in ready. Recent price repositioning enhances the value of this exceptional mountain home.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$339,900
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Dec 1, 2025 | Price Decreased |
$354,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$369,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017