2350 Misty Shadows Drive
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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed by Prime Mountain Properties | $945,000 | |
| Listed by Prime Mountain Properties | |||
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Brand new 4 bedroom pool cabin just completed 1/20/2025. The property is unfurnished (furnished pics are virtual for inspo only) and ready for someone to put their own spin and style on it. A blank slate if you will. This property sits on just under 2 acres and spans just over 3,000 sqft across 3 levels. Floor plan offers 2 main suites, both with large en suite bathrooms with large soaking tubs and walk in tile showers. One main suite is located on the main level and the second is located upstairs with bedrooms 3 and 4. The lower level is all fun. Large area for gaming, theater, living, etc. on one side and the private indoor heated pool on the other. Property is 15 minutes from the parkway in the heart of Pigeon Forge. Property is currently vacant and easy to show or video. Rental projections of 110-125k annually.
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| Jan 8, 2025 | Listed by Prime Mountain Properties | $1,050,000 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017