2125 Wingspan Drive
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 |
|---|---|---|---|
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Mar 25, 2023 | Listed by United Real Estate Solutions | $629,000 | |
| Listed by United Real Estate Solutions | |||
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INCOME PRODUCING INVESTMENT PROPERTY. Potential to gross $80K+ Or keep as your 2nd home!Beautiful cabin in the foothills near the Great Smoky Mtn National Park; the most visited national park in the USA.Located approx 4 miles from Hwy 66/Winfield Dunn Parkway; Sevierville Convention Center; and Soaky Mountain Water Park. Easy access to I-40. Visit Buc-ees; Pigeon Forge; Gatlinburg; Cades Cove, and all the activities the area has to offer.2 enclosed bedrooms with exposed beam ceilings and the 3rd bedroom area is a loft for add'l sleeping and game area; pool table included! Authentic log cabin in a resort that has proven to maintain its value and produce a good income for its owners. New LVP flooring, new log furniture, appliances, hot tub convey. City water and sewer, as well as county roads, internet, and cable are all available here. Resort pool is maintained DAILY (during season May to Sept) and covered picnic area with grills available for resort owners and guests use. Best of all, we have one of the lowest ROA fees in the area! The manager has listed the unit size as 1568 square feet.
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| Mar 8, 2022 | Listed by Crye-Leike REALTORS, South Inc. | $639,000 | |
| Listed by Crye-Leike REALTORS, South Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017