$625,000
●
Condo -
Off Market
308 Shooting Star Loop
Townsend, TN 37882
2 Beds
2 Baths,
1
Half Bath
2,073 Ft²
$687,990
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Want a view, then here it is. Cades Cove Reserve is a gated
community with amenities including a swimming pool, beautiful
Clubhouse with covered patio and fire pit looking out at Mt.
LeConte and a fitness center. Carefree living? The HOA takes care
of all external maintenance of home and yard! The developer set
several condos apart from all the rest by limiting the number of
units to 4 per building. They are also distinguished from other
condos in this development with upgrades and quality finishes
throughout. This end unit has been lovingly cared for by original
owner as a second home for family to enjoy the Townsend area. New
water heater and HVAC and mini split on the sun porch. Minutes to
the National Park and close to Pigeon Forge, Gatlinburg and the
Knoxville airport.
Unit Size
2,073 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$314
Property Type
Condo
Property Taxes
$136
HOA Dues
$150
Year Built
2007
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Realtracs #RTC3507150)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2022 | Listed by CENTURY 21 Legacy | $649,900 | |
| Listed by CENTURY 21 Legacy | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Ceiling Fan(s), High Speed Internet
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
Flooring Type: Wood, Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 2073
Square Footage Source: $0
Security Features: Security Gate, Smoke Detector(s)
Architectural Style: Other
Year Built: 2007
Building Area Total: 2073
Levels: One
Building Area Units: Square Feet
Construction Materials: Fiber Cement, Frame, Stone
Lot Features: Wooded, Level
Lot Size Area: 0.01
Lot Size Units: Acres
Lot Size Acres: 0.01
Lot Size Square Feet: 435.6
Tax Lot: Ua5
Water Source: Public
Financial Details
Tax Annual Amount: $1,634
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric, Heat Pump, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Insurance, Trash, Maintenance Grounds
HOA/Condo/Coop Amenities: Pool, Gated
HOA Fee: $150
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2022
| |
2 Bed
|
2 Bath
|
2073 ft²
|
$649,900
2 Bed
2 Bath
2073 ft²
|
$625,000
-3.83%
01/23/2023
|
Tim Seay
CENTURY 21 Legacy
|
Building Info
About Townsend
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Tim Seay, CENTURY 21 Legacy
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507150
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507150
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
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Brokerage email: [email protected]
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