$375,000
●
Condo -
Off Market
223 Bishops Cap Circle #101
Townsend, TN 37882
2 Beds
2 Baths
1,099 Ft²
$382,958
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Upgraded Luxury Condo in Cades Cove Reserve in Townsend.
Corner Unit in Meticulous Like New Condition. Never
Rented. Only 4 Miles to Cades Cove Entrance to Great Smoky Mtns.
Natl Park. 2 BR 2 BA. Enclosed Patio with Privacy of Woods behind.
Quality Upgrades Throughout Designed Especially for this unit. .
300 SF Outdoor Patio with Vinyl Enclosure. Gated Community
with Clubhouse, Pool, Fire Pit, Exceptional Mountain Views. , Great
Restaurants, Banking, Shopping Nearby,. Convenient Access to
Maryville, Pigeon Forge, Gatlinburg & Dollywood. Extra
Storage. Great Place to Walk on Level Roads and Enjoy
Spectacular Mountain Views. Easy Access to Bike Path to walk
or bike into town. Enjoyment of Quiet Mountain Atmosphere with
Bonus of Extra Large Outdoor Patio and Privacy in Corner End Unit.
Advantage of Enjoyment of More Open Space with Largest Patio and
Grassy Corner Lawn, More Privacy from Neighbors and Enjoyment of
Outdoors. Enjoy Deer, Turkey, Other Wildlife, readily seen in he
Wooded Private Acreage Behind this Corner Unit.
Unit Size
1,099 Ft²
Days on Market
40 days
Land Size
-
Price per sqft
$346
Property Type
Condo
Property Taxes
$65
HOA Dues
$180
Year Built
2020
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 7 days ago (East Tennessee Realtors #1185695)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by CENTURY 21 Legacy | $380,000 | |
| Listed by CENTURY 21 Legacy | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Designated Parking, Main Level
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Eat-in Kitchen
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Tile, Sustainable
Rooms: 7
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Basement: None
Exterior Details
Has Property Attached
Square Footage: 1099
Security Features: Gated Community, Smoke Detector(s)
Architectural Style: Craftsman
Year Built: 2020
Building Area Total: 1099
Construction Materials: Fiber Cement, Stone, Frame
Patio and Porch Features: Screened, Patio
Pool Features: Pool - Swim (Ingrnd)
Lot Features: Private, Wooded
Water Source: Public
Financial Details
Tax Annual Amount: $781
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Heat Pump, Electric
Sewer : Other
Location Details
HOA/Condo/Coop Fee Includes: Trash, Water, Pest Contract, Building Exterior, Grounds Maintenance
HOA/Condo/Coop Amenities: Clubhouse, Swimming Pool
HOA Fee: $2,160
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/26/2024
|
Loft
|
2 Bath
|
1099 ft²
|
$379,900
Loft
2 Bath
1099 ft²
|
-
-
|
Jeanna Penton
Realty Executives Associates
| |
|
03/30/2022
|
2 Bed
|
2 Bath
|
1099 ft²
|
$380,000
2 Bed
2 Bath
1099 ft²
|
$375,000
-1.32%
05/09/2022
|
Kathy L. Hmielewski
CENTURY 21 Legacy
| |
|
02/10/2021
|
2 Bed
|
2 Bath
|
1040 ft²
|
$259,900
2 Bed
2 Bath
1040 ft²
|
-
-
|
-
|
Building Info
223 Bishops Cap Circle
223 Bishops Cap Circle, Townsend, TN 37882
- 1 Unit for Sale
About Townsend
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Listed by: Kathy L. Hmielewski
Listed Office: CENTURY 21 Legacy - Listing courtesy of East Tennessee Realtors
Phone: 865-984-2121
Last Updated: 2026-10-15 15:02:18
Last Checked: 7 days
Data Source: East Tennessee Realtors, MLS# 1185695
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: CENTURY 21 Legacy - Listing courtesy of East Tennessee Realtors
Phone: 865-984-2121
Last Updated: 2026-10-15 15:02:18
Last Checked: 7 days
Data Source: East Tennessee Realtors, MLS# 1185695
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017