2548 Fleming Way
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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | Listed by 10 Realty LLC | $465,000 | |
| Listed by 10 Realty LLC | |||
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Discover Your Dream Lakefront Property in Tennessee
Welcome to Mountain Mist Cabin, an enchanting log cabin retreat nestled in the prestigious Douglas Lake Resort. Currently being used as a successful short term rental property for overnight rentals, this charming cabin embodies the essence of lake community living, offering a perfect blend of rustic charm and modern comfort. Ideal for property investors, vacation home seekers, or those yearning for a permanent lake residence, this cabin promises a lifestyle of tranquility and adventure in the heart of Tennessee.
Space and Comfort
Mountain Mist Cabin features two cozy queen bedrooms, each paired with a full bathroom, and an upstairs private bedroom with a luxurious king bed. The spacious interiors are designed to provide comfort and style, with a fully equipped kitchen, large screen TVs, and a wood-burning fireplace. Step outside to a private covered deck and relax in the hot tub, surrounded by the serene beauty of the Smoky Mountains.
As a resident or guest of Douglas Lake Resort, you'll enjoy access to a range of amenities that enhance your lake living experience. Dive into the community pool, launch your boat from the resort's boat ramp, or explore the waters with a locally rented boat. The resort also offers trailer parking, ensuring a seamless experience for boating enthusiasts.
Situated in the stunning Smoky Mountains, Douglas Lake Resort is just minutes away from the vibrant attractions of Pigeon Forge and Gatlinburg. Enjoy the convenience of nearby shopping, dining, and grocery stores, all while being a short drive from your lakeside haven.
Whether you're looking to invest in a profitable overnight rental property or seeking a personal retreat, Mountain Mist Cabin offers unlimited potential. The combination of its desirable location, exceptional amenities, and charming ambiance makes it an irresistible opportunity for investors and homebuyers alike.
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| May 28, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by New Creation Real Estate | $225,000 | |
| Listed by New Creation Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017