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Cocke
217 Amet Way
Photo of 217 Amet Way
Sold on Nov 3, 2021

23

Map

Photo of 217 Amet Way
Photo of 217 Amet Way
$1,050,000
● House - Off Market

217 Amet Way

Cosby, TN 37722
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,276 Ft²
$1,170,825
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Stunning two-level turnkey, cash flow cabin! Incredible views, beautifully built cabin in desirable location, part of the gated and gorgeous Maranatha Resort. Sleeps up to 18 currently and includes everything you need for a great getaway rental: private indoor heated pool, hot tub, theatre room with tiered seating & 9 foot screen with surround sound, private drive and parking, secluded lot, game room and more! Only 5 minutes from the Cosby entrance to the Great Smoky Mountains National Park.
Unit Size
3,276 Ft²
Days on Market
67 days
Land Size
0.71 acres
Price per sqft
$321
Property Type
House
Property Taxes
$220
HOA Dues
$71
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (Realtracs #RTC3076303)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Your Home Sold Guaranteed Realty $1,050,000
Listed by Your Home Sold Guaranteed Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Depth Feet: 2,580
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARANATHA RESORT
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: DISTRICT: 09 E-40 POOL & MOVIE #1, COUNTY AREA: X01

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920700

Geography

  • Assessors Map Reference: 127
  • District: 09
  • Parcel: 015127 05915
  • Lot: 16
  • Latitude: 35.787
  • Longitude: -83.2335

    Address

  • Full Address: 217 Amet Way
  • Address - House Number: 217
  • Address - Street Name: Amet
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Cosby
  • Zip Code: 37722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,400
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.4621
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 491,356
  • High Value: 718,454
  • Low Value: 264,257

    Market Valuation

  • Market Total Value: $411,600
  • Market Land Value: $35,500
  • Market Improvement Value: $376,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,900
  • Assessed Land Value: $8,875
  • Assessed Improvements Value: $94,025

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21005620
  • Previous Sale Recording Date: Mar 03, 2008
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cocke

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$223

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1978 ft²

Average Home Age

32 years

Currently For Sale

160 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Tracy King, Your Home Sold Guaranteed Realty
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3076303
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 217 Amet Way built and last sold?
The property at 217 Amet Way was built in 2008 and last sold on Nov 3, 2021 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 217 Amet Way is $1,060,500.
What are some comparable homes to 217 Amet Way?
There are currently no comparable homes to 217 Amet Way.
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