2151 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 |
|---|---|---|---|
| Aug 13, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by REMAX Preferred Properties | $525,000 | |
| Listed by REMAX Preferred Properties | |||
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LAST CHANCE to add this cabin to your portfolio. Generating up to $65k/year with a high occupancy rate of 82%. Located minutes away from Soaky Mountain Water Park and comfortably sleeps 10 guests.
Built in 2022 by Jeff Ayers Construction of the hit television show Barnwood Builders. This like-new cabin is a great investment opportunity ready to add to your portfolio. Bask in the hot tub or sip a cup of coffee from the covered wrap around deck. This stunning cabin is sure to take your breath away. Boasting 3 bedrooms and 2 bathrooms, this spacious property comfortably sleeps 10 people and has all the features you need for a luxurious getaway. Step inside to find beautiful hickory cabinets, granite countertops, and an open concept living room with a gorgeous fireplace. Bring your family and friends to the community's shared pool or picnic area. Come experience mountain living at its finest; schedule a tour today!
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| Sep 8, 2023 | Listed by United Real Estate Solutions | $769,000 | |
| Listed by United Real Estate Solutions | |||
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 27, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017