3003 CRESTVIEW Court
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 |
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| Jun 10, 2024 | Listed by RE/MAX Adventure Realty | $890,000 | |
| Listed by RE/MAX Adventure Realty | |||
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This 'act fast' opportunity is a must-see located in the heart of Pigeon Forge, near the Great Smoky Mountains National Park, approximately 2 ½ miles to the Parkway/the Island and just a few blocks outside the PF city limits (so only county taxes apply for this property). The easy access roads to the home with ample, flat parking on both levels are a bonus; prime short term rental property with rental projections provided in associated documents. Extensive top to bottom remodel completed in 2024. Nothing has been left untouched. This 2688 sq ft spacious property also features an open living/family room, modern kitchen/dining area with high end (black stainless steel) appliances This property has two king sized bedrooms on the main level, with two full bathrooms and another full bathroom with a walk-in shower on the lower level. The lower level is spacious and was designed for a large recreation great room/home theater, pool table and game machines. Linear fireplace and wet bar. The property is spacious enough to add a garage or storage building, and is complete with a fire pit, and cozy, rustic bench seating to enjoy unobstructed mountain views toward Dollywood. Enjoy the fireworks display from there as well as amazing the views from the front deck. There's an enclosed/covered deck on the main level offers privacy of the wooded surroundings, and there's a covered patio on the lower level with a brand new (never used) hot tub. Rental projections are based on completing the furnishing of the lower level with bonus rooms, and depending on size preference for beds or bunkbeds could offer the potential of comfortably sleeping as many as 12+. Cabin is sold with furnishing as seen.
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| Dec 10, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by Karen Whitlock Realty | $224,900 | |
| Listed by Karen Whitlock Realty | |||
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FINISHING UP THIS REMODEL..NEW PAINT, NEW FLOORING (luxury vinyl plank),NEW DOORS, THIS HAS BEEN A YEARLY RENTAL FOR MY UNCLE BUT HAVE TO SELL NOW, IT CAN BE OVERNITE= LOCATION IS GREAT...HE BOUGHT THIS BECAUSE OF THE VIEW...THE TREES ARE TALLER NOW BUT I THINK YOU COULD HAVE A GOOD ONE AGAIN WITH SOME TOPPING.THE BATHROOM IS REALLY NEAT.. ..THE LOT IS THE LAST ONE IN SUBD. SO IT'S VERY PRIVATE ON ONE SIDE...AND FENCE ON THE OTHER SIDE...THE BASEMENT HAS A FULL BATH AND RENTERS SUBLEASED IT OUT THERE IS ROOM FOR TWO MORE BEDROOMS IF YOU FINISHED THEM, AND A GARAGE DOOR IS DOWN THERE FOR YOUR GARAGE USE. THIS HAS POTENTIAL POTENTIAL ARE JUST A NICE HOME......
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017