3113 Headrick 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 |
|---|---|---|---|
| Dec 5, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Prime Mountain Properties | $695,000 | |
| Listed by Prime Mountain Properties | |||
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NEW IMPROVED PRICE & SELLER WILL PAY $5,000 OF BUYER'S CLOSING COSTS! PROJECTED RENTAL INCOME OF $60K+. BEAUTIFUL 2 Bedroom 2 Bath LOG CABIN on a .40-acre lot nestled by a mountain stream. Stunning setting with meticulously manicured lawn, split rail fencing, flowering shrubs, and surrounded by wooded mountain views. Great Wears Valley location between Townsend and Pigeon Forge with no steep mountain driving to access cabin. Main level of cabin features an open floor plan with an all-wood interior, exposed beams, and a gorgeous stacked-stone gas fireplace. Kitchen features granite countertops, track lighting, all upgraded stainless appliances, including gas cook top range and custom cabinetry with electric double oven. Laundry also includes washer & dryer. Kitchen/Dining combo with adjacent walkout to the massive wraparound decking. On the back deck is a free-standing fireplace great for those late evenings or you can enjoy the serene creek-side setting by the firepit. Spacious bedroom on main level with large en suite bath. Upper-level open loft area great for additional sleeping space and/or rec room. The bedroom on this level is very spacious and features an adjacent full bath. Cabin has a long-lasting metal roof and lots of storage in crawlspace area. NO HOA! Drone photos used in listing.
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| Aug 30, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by Exit Tennessee Realty Pros | $254,900 | |
| Listed by Exit Tennessee Realty Pros | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017