3111 Lexy Lane
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| May 30, 2018 | Listed | $425,000 | |
| Listed | |||
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Gorgeous log home in a lovely private setting that backs up to the Smoky Mountain National Park yet it is just minutes to schools, restaurants and entertainment. Featuring an expansive open floor plan with soaring wood ceilings, custom lighting and fans, beautiful stacked stone gas fireplace and spacious kitchen! This home is perfect for your family and friends with a pool table in the finished basement, large covered decks and screened in patio for family fun and entertaining. As an added bonus the home comes furnished including window treatments and more. Minutes to the Smoky Mountains, Gatlinburg and Pigeon Forge. Underground Utilities and community water. All information is deemed to be correct but not guaranteed. Buyer should verify all information that is important to them before making offer.The manager has listed the unit size as 2324 square feet.
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| May 22, 2018 | Sold | ||
| Sold | |||
| Feb 16, 2018 | Listed by Exit Tennessee Realty Pros | $425,000 | |
| Listed by Exit Tennessee Realty Pros | |||
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|
Gorgeous log home in a lovely private setting that backs up to the Smoky Mountain National Park yet it is just minutes to schools, restaurants and entertainment. Featuring an expansive open floor plan with soaring wood ceilings, custom lighting and fans, beautiful stacked stone gas fireplace and spacious kitchen! This home is perfect for your family and friends with a pool table in the finished basement, large covered decks and screened in patio for family fun and entertaining. As an added bonus the home comes furnished including window treatments and more. Minutes to the Smoky Mountains, Gatlinburg and Pigeon Forge. Underground Utilities and community water. All information is deemed to be correct but not guaranteed. Buyer should verify all information that is important to them before making offer.
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| Jul 31, 2017 | Listed | $397,000 | |
| Listed | |||
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Impressive mountain retreat that backs up to the Smoky Mountain National Park. Large open floor plan with soaring wood ceilings, custom lighting and fans, Stacked stone gas fireplace, large recreation room with pool table make this a great place to entertain. Large screened patio off kitchen, plus lots of covered decks on all floors. Home includes furniture. Secluded yet very accessible to all the amenities of Pigeon Forge, Gatlinburg and the National Park. Underground Utilities and community water.The manager has listed the unit size as 2324 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017