2129 Red Bud 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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Tennessee Elite Realty | $499,000 | |
| Listed by Tennessee Elite Realty | |||
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Proven income producer nestled in the picturesque Sky Harbor area, perfectly situated between Gatlinburg and Pigeon Forge. This charming 2 Bedroom , 2 Bath log home features two identical master suites, each on its own level, providing the perfect retreat. Beautifully appointed with quality furnishings throughout, it boasts luxurious amenities including Jacuzzi tubs in both master suites, a wet bar in the billiards room, and a hot tub on the screened-in porch. The living room, with its gas fireplace, is filled with natural light from numerous windows, creating a warm and inviting atmosphere. The stunning wooded view in the fall feels like living amidst a kaleidoscope of colors. Ample parking is available with a convenient circle driveway.
Check out the rental link to view its outstanding reviews
https://patriotgetaways.com/vrp/unit/TUCKED_AWAY-839-15
Video Link:https://youtu.be/JdMgSBR7SWs
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| Apr 19, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed | $325,000 | |
| Listed | |||
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Investors dream! At current list price this cabin is generating over 15% return in gross rents! Proven income producer. Nestled in a beautiful little valley in the woods, this 2BR, 2BA Log Home is just the place to get away from it all. Beautifully appointed with quality furnishings throughout, you will enjoy the two master suites with Jacuzzi tubs, the wet bar in the billiards room along with LCD TV's in every room! The crystal clear Hot Tub is in the screened-in porch and there is a PlayStation 3 for the gamers in the family! The living room has a gas fireplace, Blu-Ray DVD and a 46" LCD TV which offers HD channels & Surround Sound, as well! This cabin is loaded with windows to let in the Sunshine! The beautiful wooded view in the fall is like living amongst the colors...Incredible! It also has a "Coastal Green Air thermostat System" which turns hot water & HVAC off or on due to door entry and movement within the cabin. It saves about 10-15% annually on electric bill! Property is turn key The manager has listed the unit size as 1150 square feet.
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| Mar 13, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017