2333 Summer Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Feb 28, 2023 | Listed by Tennessee Elite Realty | $429,000 | |
| Listed by Tennessee Elite Realty | |||
| Feb 19, 2015 | Listed by Crye-Leike REALTORS, South Inc. | $107,900 | |
| Listed by Crye-Leike REALTORS, South Inc. | |||
| | |||
|
Studio log cabin located at the end of a street for privacy. Located just minutes from downtown Pigeon Forge in one of the best renting areas of the county. Rental income for 2012 was $21,568. This cabin consistently does 20K a year. If you are looking for a cabin with cash flow you have just found it. New roof installed April of 2015.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017