21
Map
3 Sharp Road
About This Property
This lot already has city water and underground electric hook ran. high speed internet is also available.
Enjoy the quiet side of Sevier county while also being just minutes from Sevierville, Pigeon Forge and Gatlinburg. A quick drive will get you to Douglas lake as well.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | Listed by New Direction Real Estate | $150,000 | |
| Listed by New Direction Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017