2265 Douglas Dam Road
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Aug 19, 2022 | In contract | - | |
| In contract | |||
| Aug 16, 2022 | Price Decreased |
$224,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Aug 5, 2022 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Jul 14, 2022 | Listed by Weichert, REALTORS - Tiger Real Estate | $235,000 | |
| Listed by Weichert, REALTORS - Tiger Real Estate | |||
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Recently remodeled 1995 doublewide manufactured home on 1.7 unrestricted acres. This 3 bedroom and 2 bath home has a great location that is less than 5 minutes to a public boat launch on Douglas Lake and less than 10 minutes to Sevierville. The owner has added a new roof, new gutters, new interior paint, new front and rear porch, and new luxury vinyl flooring in living room and bedrooms. Since there are no restrictions you could use this as a permanent home, a secondary/vacation residence, or a short or long term rental. The septic system is set up to be able to add an additional home to the property and rent two homes long term. The possibilities are endless with this property so call today to schedule your showing! The manager has listed the unit size as 1128 square feet.
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Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3268322
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017