2242 Ferguson Lane
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 21, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by eXp Realty | $425,000 | |
| Listed by eXp Realty | |||
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WOW!!!TRUE GEM FOR INVESTORS!!!! Unrestricted land with 1/1 cottage, the glamping tent PLUS an additional 1.10 acres vacant lot total of 5.45 acres!(Parcel 067.15,067.16 and 067.17) Cottage grossed $46,000 in 2022 and glamping tent did $36,146 ( total of $82,546) and is on same track for 2023. Tent has a full bathroom, hot water, rainfall shower head and split unit air conditioning/heat. It has regular plumbing just like a regular house! Only 13 miles to PF and 20 miles to Gatlinburg. Short drive to Douglas lake with boat ramp access. Cottage and glamping tent have 2 separate septic tanks but share the well. Lots have been subdivided in 3 separate parcels. Owner would like to sell it as a package. Schedule your showing today!
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| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 18, 2021 | Listed by Tennessee Elite Realty | $199,900 | |
| Listed by Tennessee Elite Realty | |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017