2836 Sundown Mountain Way
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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 |
|---|---|---|---|
| Aug 24, 2024 | Listed by eXp Realty | $599,000 | |
| Listed by eXp Realty | |||
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Investors! This stunning, well-established cabin is a goldmine of opportunity! Nestled in an unbeatable location, it offers a perfect blend of modern design and rustic charm, making it irresistible to guests. With easy paved road access and no steep hills to navigate, convenience is key.
The current owner has spared no expense in transforming this cabin into a dream getaway. Both bathrooms have been beautifully remodeled, while the loft boasts custom-built bunks that add a touch of fun and uniqueness. All three sleeping spaces feature brand-new beds for ultimate comfort, and the kitchen is upgraded with a sleek new refrigerator and dishwasher. For entertainment, there's a new shuffleboard table and video games, ensuring endless fun for guests of all ages.
This cabin is currently self-managed with no booking obligations after closing, giving you complete flexibility. Whether you're looking for a lucrative investment, a vacation retreat, or a primary residence, this cabin is turn-key ready and waiting for you to make it your own. Don't miss out on this incredible opportunity—your mountain escape and profitable venture await!
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| Nov 30, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Listed by eXp Realty | $550,000 | |
| Listed by eXp Realty | |||
| Oct 11, 2018 | No longer available | - | |
| No longer available | |||
| Sep 4, 2018 | Listed | $224,500 | |
| Listed | |||
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Adorable cabin located in one of the most popular resorts in the area-- absolutely no steep roads to climb, and easy access to all of what the area has to offer-- just minutes off the Pigeon Forge Parkway. This cabin has 1 bedroom plus an upstairs loft area used for sleeping. Nestled into the woods, it is a very private cabin. The resort offers swimming pool, mini golf, and other amenities for your guests if you choose to remain on the resort rental program. There is no HOA fee monthly, just an annual $300 fee for road maintenance. Square footage is taken from tax records. The manager has listed the unit size as 998 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017