2869 Easy Street
About This Property
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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%.
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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.
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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 9, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by Prime Mountain Properties | $449,900 | |
| Listed by Prime Mountain Properties | |||
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LOCATION! LOCATION! $50K PROJECTED YEARLY RENTAL INCOME! 2BR/1BA CABIN on corner lot with plenty of paved level parking. Located less than 3 miles from the Pigeon Forge Parkway. Cabin can be used for overnight rental or permanent residence. It would certainly be an excellent rental property. Cabin has been meticulously maintained and features newly stained exterior and freshly painted interior in July 2021, new shingle roof in 2019, new Trane Heating/Air unit in 2016, alarm system installed 2016, and new tankless water heater in 2019. Living room features a beautiful stacked stone gas fireplace with built-ins on both sides, hardwood flooring, and lots of windows. The amazing kitchen boasts hickory cabinets, Corian countertops, travertine tile flooring, and all appliances remain with cabin. Both bedrooms are very spacious with ample closet space, and feature hardwood flooring, and flat screen TV's. Interior doors are solid wood throughout home. Large bathroom with spacious vanity, tub/shower combo, skylight, lots of mirrors, and tile flooring. Sitting room features a stacked stone gas fireplace and skylight. Sitting room could easily be converted to an extra bedroom or bath since the septic permit on file is approved for a 3 bedroom home. Lots of great decking to enjoy the wooded views and also includes an area for hot tub with additional privacy. Fenced back yard and beautiful landscaping. No HOA. Drone photography used in listing.
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| Oct 24, 2016 | Sold | ||
| Sold | |||
| Mar 20, 2016 | Listed by Prime Mountain Properties | $162,500 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017