3002 Nellie Drive
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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jul 6, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by Keller Williams Smoky Mountains | $480,000 | |
| Listed by Keller Williams Smoky Mountains | |||
| Mar 28, 2014 | Sold | ||
| Sold | |||
| Mar 1, 2014 | Listed by Century 21 MVP | $179,900 | |
| Listed by Century 21 MVP | |||
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Beautiful 2.6 acre double lot!! This lovely true log, 2 bedroom 2 bath cabin, offers a serine mountain setting on a Cul-de-Sac. Large living room with a cozy fireplace, spacious dining area and a kitchen you will never feel cramped in. The cabin boasts ample room for even the most extended gatherings inside or in the beautiful outdoors on the huge covered deck overlooking the mountains. Large master suite upstairs features cathedral ceilings, French doors that will draw you onto your sunny balcony, a walk in closet, bonus storage closets and a beautiful bathroom. Dreaming of a true log home with lots or storage? This home has a walkout basement with a 1 car garage, laundry room, and lots of storage, a true rare find! Be sure to check out your own little piece of heaven - the workshop. Log cabin is in a great location only minutes from Gatlinburg, Pigeon Forge and Sevierville. With all of these features, dont overlook the conveniently paved roads all the way to the cabin, no crazy mountain trek. Equipped with ample parking and a surprisingly large back yard for country living, this mountain home is one of a kind.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017