2935 REDTAIL Road
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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Mar 16, 2021 | Listed by Exit Tennessee Realty Pros | $1,150,000 | |
| Listed by Exit Tennessee Realty Pros | |||
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Lots 81E & 82E Redtail Road: Located in the Prestigious Homestead Community in Wears Valley, this immaculate executive style energy efficient home is an excellent choice for buyers looking for a majestic mountain view with impeccable upkeep. Captivating sunsets can be enjoyed from inside or outside the home. Imagine, relaxing outdoors from the privacy of your own veranda, beverage in hand, and a breathtaking East Tennessee sunset to view as it seemingly disappears into the night. As you pull into the drive, a solar powered entry gate welcomes you home to the Smoky Mountains. Notice the double bay garage as well as the low maintenance concrete fiber siding and trim. The garage is roomy and is considered a 2.5 car garage. As you enter the home, observe the exemplary condition of the home. The custom kitchen is designed with the gourmet chef in mind. Equipped with top of the line Miele appliances, pot filler faucet, a large walk-in pantry, and spacious granite countertops, home has never felt or looked so divine! From the kitchen, living room, and dining room areas, the large windows provide glorious views of the mountains from sunrise to sunset. The evenings are especially beautiful since the home faces west. Noteworthy sunsets can be enjoyed from the 12 x 24 screen room as well as cuddling up and enjoy seeing the white capped mountains as the snow gently falls outside. This is home! The main level boasts an open floor plan with custom cherry woodwork throughout as well as rich bamboo hardwood flooring. Notice how the crown molding brings the main level full circle. Current Favorite Spot: Cozied up next to the propane fireplace. The propane fireplace is especially wonderful in the chilly winter months. The level of warmth it produces is amazing! For maximum heating efficiency, the propane fireplace is Furnace Rated and is equipped with a 5 speed fan and glass front.
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| Jan 18, 2021 | Listed by Exit Tennessee Realty Pros | $1,050,000 | |
| Listed by Exit Tennessee Realty Pros | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017