3029 Brothers Way
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 |
|---|---|---|---|
| Mar 15, 2024 | Listed by Tennessee Elite Realty | $439,000 | |
| Listed by Tennessee Elite Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 10, 2021 | In contract | - | |
| In contract | |||
| Feb 9, 2021 | Listed | $289,000 | |
| Listed | |||
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"Secluded Escape" your beautiful mountain log cabin. Awesome 1 bed , 1 bath. Loft provides additional sleeping area with queen bed. Located in beautiful Brothers Cove Resort. Log home in gated community. Living room with new electric fireplace, H D TV, new sofa, cozy rustic mountain furniture, wood floors and cathedral ceiling. Large great room with dining area, updated kitchen appliances with easy access to washer and dryer. Large master bedroom with a wood burning fireplace and H D TV. Outside the main living area is a large deck with covered hot tub. A spiral staircase leads to an upper level deck for mountain viewing. Property features a large outdoor patio area with fire pit. The resort features a pool , breathtaking mountain views and an event center The manager has listed the unit size as 840 square feet.
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| Mar 20, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017