21
Map
3044 E Parkway
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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Oct 23, 2024 | Listed by Karen Whitlock Realty | $345,000 | |
| Listed by Karen Whitlock Realty | |||
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Great location for this 2.14 acre tract in Pittman Center--just a short drive from downtown Gatlinburg and borders the National Park! A home burned on this property and the debris from the burn will remain ''as is.'' There is a separate four car garage, not affected by the fire but is in need of repairs and renovation. The original owners had an area on the upper level of the garage that was used as an apartment. The septic permit from the health department has an approval of two bedrooms from when the home was built in 1993. There is a well on the site, seller has no information on the condition of it. Buyer will need to verify the condition and location of the well and septic system and will be responsible to remove any debris on the property. The current owners haven't lived on this property, it belonged to their parents and is being sold ''as is.'' Due to the condition of the property, there may be health and safety risks. All parties must sign a hold harmless document prior to entry and showing of the property. The document will be provided by the agent. Additional pictures will be added.
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| Nov 16, 2023 | Listed by Karen Whitlock Realty | $345,000 | |
| Listed by Karen Whitlock Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017