3044 Patty View 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%.
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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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| Aug 24, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2021 | Listed by Tennessee Elite Realty | $599,900 | |
| Listed by Tennessee Elite Realty | |||
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INVESTORS! WOW! WHAT A DEAL! "TRIPLE THE VIEWS" IS THE PERFECT NAME FOR THIS 2BR/2BA INCOME PRODUCING CABIN IN THE PIGEON FORGE TN AREA! VIEWS FOR MILES, SECLUSION, AND TURNKEY AND FULLY FURNISHED! Currently on track to gross approx 65k+ for 2021. Interior features include an open and spacious open floorplan with living room with lots of windows to take in the views and stone accented gas fireplace. Fully equipped kitchen with appliances and eat in dining area. Also, on the main level you have a Master bedroom with full bathroom. Huge lower level gameroom equipped with all the games you need including pool table, air hockey, karaoke machine, and bluetooth jukebox. Second Master Suite is on the lower level with its own bath. Enjoy on of the three decks with outdoor gas fire pit, rocking chair to enjoy the serene setting, or take a dip in the bubbling hot tub on its own private deck. Convenient location only 5 miles to Pigeon Forge attractions, shopping, dining, and more. Must see! *Buyer must honor all bookings and current rental company contract for 90 days from closing date.
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| Mar 15, 2017 | Sold | ||
| Sold | |||
| Jan 4, 2017 | Listed by RE/MAX Adventure Realty | $196,800 | |
| Listed by RE/MAX Adventure Realty | |||
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Nicely maintained 2 BR/ 2 BA cabin located in the Walden's Creek area, close to Pigeon Forge, Gatlinburg and surrounding areas. Wooded and semi-private, this home is used as an overnight rental cabin, but would make an excellent permanent residence for a family, as well as, a 2nd home in the mountains. Tastefully decorated allowing this home to firmly supplant itself into many of East Tennessee's mystiques and wonders! Enjoy the beautiful views from any of the 3 decks or from inside through the wall of windows allowing you to take in all of nature's beauty. Enjoy the gas fireplace, take in a game of pool in the recreation room or relax in the Hot Tub. This home offers everything you could want to make this your personal mountain playground! Rental figures are from June-Dec. of 2016.
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| Nov 30, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017