2574 RIDGE 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 |
|---|---|---|---|
| Nov 15, 2016 | Sold | ||
| Sold | |||
| Apr 30, 2015 | Listed by Century 21 MVP | $129,900 | |
| Listed by Century 21 MVP | |||
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Great location in Pigeon Forge! Located within site of the Parkway, walking distance to the malls, hop skip and jump to Dollywood and Splash Country. Both bedrooms, a nice size bathroom with whirlpool tub, an additional vanity in the hall, and a utility room with washer and dryer are all conveniently located on the main floor of the cabin, along with a wood burning fireplace. The hot tub is on the patio through the glass doors of the master bedroom. Another shower, vanity, and toilet are located upstairs with an air hockey and pool tables. The cabin also has wireless high speed Internet service. On rental with VRBO- super get away!
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| Sep 16, 2013 | Listed by Century 21 MVP | $122,900 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017