2303 Rand Road
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 13, 2021 | Listed | $562,500 | |
| Listed | |||
| | |||
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Breathtaking views of Mt. Leconte from every level! Two bedroom, two bath log cabin with spectacular views of the Great Smoky Mountains. Located less than 10 minutes from the Pigeon Forge Parkway in Starr Crest Resort. You'll love the walls of windows to enjoy the views, wood floors, two cozy gas fireplaces and a spacious floor plan. The main floor includes a fully equipped kitchen, dining area, living room with a stone gas fireplace, enclosed king bedroom and full bathroom. The upper level features a king bed, stone gas fireplace and huge master bath with step in shower and whirlpool tub. Rear decks include rockers and a bubbling hot tub. Other cabin amenities include a pool table, video arcade game machine, sleeper sofa, WiFi, washer, and dryer. Resort amenities include an outdoor pool (available in season), playground and picnic pavilion. New roof and cabin stain in 2016. New HVACs and water heater in 2017. New hot tub and gas fireplace inserts 2018. The manager has listed the unit size as 1568 square feet.
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| Mar 13, 2019 | Sold | ||
| Sold | |||
| Jan 30, 2019 | Listed by Prime Mountain Properties | $389,900 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017