2875 Cedar Bluff Road
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 16, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | Listed by Mountain Realty Group | $289,900 | |
| Listed by Mountain Realty Group | |||
| Apr 8, 2024 | Listed by Mountain Realty Group | $299,900 | |
| Listed by Mountain Realty Group | |||
| |||
|
Great Opportunity for someone to live in a nice country setting. This home has had lots of remodeling work done. New vinyl siding, new metal roof, aluminum fascia & soffits, new insulated windows, new insulated exterior doors, decks repaired, and new light fixtures. New a/c and heat system. New microwave and dishwasher, $600 allowance for range. New light fixtures and paddle fans have been installed. Kitchen has new shaker cabinets and butcher block counter tops. Seller will put carpet on the stairs with customer selecting color. Nice lot with good views. The location is minutes away from it all. This home has lots of potential and charm to make it your own. Water is currently well water, however, county water is available. Can be an overnight rental as well. This is one you don't want to miss! Seller is willing to pay for the hook up for city water & well can be used for irrigation
| |||
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Mountain Realty Group | $59,900 | |
| Listed by Mountain Realty Group | |||
| |||
|
You will not want to miss out on owning this beautiful lot. You can build your own home or rental and enjoy living in the Smokies. This lot is close enough to Sevierville, Pigeon Forge, Gatlinburg, and out far enough to be in a beautiful country setting. A mobile home is permitted on the lot as well. It has a well but city water is available. The same owner owns the house next door which is for sale mls #263504. You could live in one and rent the other out. What a great investment opportunity! Septic approval for 3 bedroom is map approval only. Buyers will be required to get final septic approval from Environmental Health Department.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017