2416 Bluff Mountain 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 |
|---|---|---|---|
| Jan 3, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2021 | Listed by The Real Estate Firm, Inc | $399,000 | |
| Listed by The Real Estate Firm, Inc | |||
| Jun 11, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Price Decreased |
$399,000
↓ $90K
(18.4%) | |
| Price Decreased | |||
| Dec 27, 2019 | Listed | $489,000 | |
| Listed | |||
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Priced to Sell! Rare opportunity to own a property with one of the best views in Tennessee. 2.4 private and level acres on top of Bluff Mountain. Amazing night time views of the city and breathtaking panoramic views of the Smoky Mountains. Timber frame cabin currently under construction with a 2 bedroom septic in place. Current floor plan is designed for 2,850 square feet with 2 levels. Expansive decking to take in those spectacular views! Included in the sale is 2.4 acres, a timber frame cabin ready for the new owner to put their touch on, a cozy 1 bedroom modular cabin to live in while finishing their dream home, and a large 12x20 outdoor storage building. Tons of potential as a permanent residence, overnight rental, or your personal private retreat. The manager has listed the unit size as 560 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017