16
Map
303 Meadowbrook 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 |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2021 | Listed by Thompson Williams Properties | $0 | |
| Listed by Thompson Williams Properties | |||
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AUCTION! Located on a large corner lot in the heart of Pigeon Forge and within walking distance of numerous restaurants and attractions, this property would be perfect for long-term residence/rental, over-night rentals, or employee housing. This 1750 sq ft home and 0.71-ac lot has multi-family potential. Terms: 10% Buyer's Premium added to sales price. 10% non-refundable down payment based on total sales price due day of sale, balance due at closing w/in 30 days. As with all Real Estate transactions, Buyer(s) should verify all information independently including HOA info and Square Footage, Buy title insurance, have a survey, home inspection, and all other needed inspections. Buy insurance. Equal housing opportunity. Most information from Tax records and not verified by listing agent/Company. HOA information provided by Seller; verify this independently. The manager has listed the unit size as 1750 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017