2694 Briley 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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2024 | Listed by Real Broker | $769,000 | |
| Listed by Real Broker | |||
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 8, 2021 | In contract | - | |
| In contract | |||
| Oct 5, 2021 | Listed by Keller Williams Smoky Mountains | $720,000 | |
| Listed by Keller Williams Smoky Mountains | |||
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Spacious 3 level log cabin in the peaceful Wears Valley area, boasting 3 bedrooms, 3 full bathrooms and over 2,500 sq.ft. of living space! As you enter into the cabin's open living area, you'll immediately notice the wood detailing, stacked-stone gas fireplace and soaring ceilings. Just beyond the living area, you'll find the dining area with a multitude of windows overlooking the mountain view and a door on either side to access the main level deck. Adjacent to the living area is the fully equipped kitchen. The main level is also home to a spacious bedroom with an en-suite bathroom. Head upstairs to the large second bedroom, complete with a sitting area, jetted tub, en-suite bathroom and deck access. In the lower level, countless hours of fun will be had shooting pool in the game room. The third bedroom with a full en-suite bathroom and stacked washer/dryer are also located on the lower level. As if all this wasn't enough, the cabin has its own private hot tub! The manager has listed the unit size as 2250 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017