2416 Bobs Pass
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 |
|---|---|---|---|
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $144,900 | |
| Listed | |||
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This is a rustic-styled, true log cabin with 2.5 acres AND a view in Sky Harbor, only minutes from either Gatlinburg or Pigeon Forge. This custom-built 3 bedroom/2 bath cabin needs TLC, but could be an excellent rental cabin or getaway! Sit on the front porch in the rockers or soak in the huge hot tub and enjoy the private mountain views with city lights at night, very pretty!. Great room contains the kitchen, dining area with room for 6 at the table, and the living room with a mountain stone, gas log fireplace. Three private bedrooms, one is a master with private bathroom with jetted tub. Walkway to grilling deck on back of cabin, with privacy all around! Plenty of extra parking along driveway, so everyone has room to park! The cabin has never been on a rental program, only used for family and friends. Seller is selling as-is and will not make any repairs. Please call to schedule your private tour today!The manager has listed the unit size as 1040 square feet.
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| Mar 26, 2017 | Listed by Prime Mountain Properties | $144,900 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017