2322 Wingspan Dr
About This Property
Attention Investors: AirDNA analysis is attached in docs.
AIrDNA Gross Revenue Projection: $65,700,
Gross return on investment: 12.28%,
Cap Rate: 7.21%
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Cap Rate Calculator
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 15, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Relisted | $479,900 | |
| Relisted | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jan 31, 2025 | Listed by Keller Williams Alcoa | $479,900 | |
| Listed by Keller Williams Alcoa | |||
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Bring All Reasonable Offers! Welcome to your cabin in the Smokies! This beautiful almost new 3-bedroom, 3-bath cabin is located in the peaceful Eagle Springs community. This amazing cabin is being sold completely turnkey, and is ready to be a money maker. This cabin can be added to your rental portfolio, permanent home, or second home. From the large open deck you enter the front doors and are immediately met with the open and spacious great room complete with lots of windows and natural light. The open kitchen has lots of cabinets and counter space, and breakfast bar. Stainless steel appliances complete this beautiful kitchen. The great room features a stack stone fireplace, and lots of space to relax or entertain. On the main floor you have a primary large primary bedroom and primary bathroom. From the primary bedroom you have a sliding glass door that takes you out to the open deck and beauty of the outdoors. An additional full bathroom, laundry room, and additional space for eating and entertaining. Upstairs you find a large common area great for relaxing, gaming, or anything else you can imagine. On the second level you have two additional bedrooms, and a full bathroom. Eagle Springs also has its own seasonal outdoor swimming pool to enjoy. Conveniently located to Soaky Mountain Water Park, and a short drive to Pigeon Forge, Dollywood, and all that the Smoky Mountains have to offer. Being sold fully furnished making this one perfect for your second home, short-term rental, or permanent residence. All public utilities and broadband internet available. *Drone photography used.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017