2807 Cedar Falls Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2021 | Listed by Mountain Realty Group | $1,050,000 | |
| Listed by Mountain Realty Group | |||
| |||
|
Since March of 2021 this beautiful cabin in the coveted community of Cedar Falls has already generated $71,480 in past and future bookings, with several lucrative dates still available! It is in PRISTINE condition! The deck is freshly stained and has all new posts and supports; new water heater; new floors; new lighting; updated roof; all new kitchen appliances; updated game room with new theater seats and games; and all new furnishings throughout the cabin! A thoughtful layout, the cabin features spacious bedrooms, baths, and common areas in a gorgeous setting. Cool Autumn evenings are just ahead, and there may be nowhere better to enjoy them than the expansive outside areas around the home. The drive through timber carport is like something you'd see in a 5-star lodge, and offers both easy access during inclement weather and a shady play area for the warmer summer days. The cabin is offered furnished for overnight rental and includes all future bookings. The community of Cedar Falls features a fishing pond, playground, swimming pool and lots of other common spaces including walking trails and a chapel! HOA dues are ONLY $800/year. This is a superb location, convenient to Pigeon Forge, Wears Valley and Gatlinburg. The main level has a huge living area and 2 bedrooms with on suite bathrooms. Each bedroom has a fireplace and private access to the deck! Downstairs you will find another large living area with built in theater seats, a shuffle board table, video games and a 2nd kitchen! There are also two additional sleeping rooms with on suite baths with private access to the lower level deck. Over 700 sq ft of decks overall, including a screened in porch with ceiling fans! The driveway wraps around and can be accessed from either side. Lots of outdoor fun available with a hot tub, fire pit, porch swing and games. Beautiful mountain and wooded views! This is the perfect cabin in the perfect location!
| |||
| Jan 20, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by Mountain Realty Group | $749,000 | |
| Listed by Mountain Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017