2525 CP HOWARD 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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Monarch Realty LLC | $485,000 | |
| Listed by Monarch Realty LLC | |||
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Discover your dream escape in the heart of the Smoky Mountains with this enchanting 2-bedroom, 2-bathroom cabin, offering a seamless blend of comfort, style, and outdoor splendor. Perfect for short-term rentals or a personal hideaway, this cabin features an open floor plan that invites relaxation and togetherness, with the master bedroom conveniently located on the main level for easy access. This cabin is named Away From It All and it lives up to its name. Here you have the satisfaction of being just far enough away from the hustle and bustle with your own private oasis nestled in the woods. However, if you want to do all things tourist, you are just minutes away from all things this area has to offer! Step inside to find plenty of natural light, and timeless wood finishes. The living area, with its plush seating and charming wood burning fireplace, provides the perfect setting for cool evenings. Adjacent, the well-equipped kitchen and dining space ensure that home-cooked meals and gatherings are a delight. The cabin's recreational room is a haven for entertainment, offering a variety of games and activities for guests of all ages. Step outside to the expansive deck, where the bubbling hot tub awaits, offering serene mountain views and the perfect spot for stargazing or enjoying the crisp mountain air. Nestled on a generous plot, this property also includes an additional lot approved for up to 3 bedrooms, presenting a unique opportunity for expansion or the creation of a custom guest house, enhancing its potential as a rental investment or family compound. Situated amidst the tranquil beauty of the Smoky Mountains, this cabin offers an unparalleled opportunity to immerse yourself in nature, with hiking trails, scenic vistas, and the rich biodiversity of the area at your doorstep. Whether seeking a peaceful retreat or an adventurous exploration, this cabin is your gateway to the best the Smokies have to offer. Seize the opportunity to own a piece of mountain paradise, where the blend of comfort, potential, and natural beauty creates an irresistible retreat for both personal enjoyment and rental success.
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| Aug 9, 2019 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed by Smoky Mtns Real Estate, LLC | $214,900 | |
| Listed by Smoky Mtns Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017