3125 Tanglewood Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 24, 2024 | Listed by Century 21 MVP | $865,000 | |
| Listed by Century 21 MVP | |||
| |||
|
Seller will contribute $15,000 for a rate buy down for buyer. This 3 bedroom with 4 bonus sleeping rooms, 4060 sq ft premier short term rental investment is perfectly located the smoky mountains resort area. Fully remodeled and furnished it has been designed to book out and cash flow with top line amenities like entertainment room for 10, pool table room, hot tub and multiple Master suites. This property allows an investor to fully book it out and still enjoy staying in the home. With a cap rate over 10 this offers a way to diversify your portfolio into the growing short term rental market. Projected income of $115,000 per year. Roughly $900-$1,100 in monthly expenses. Taxes are extremely low in Sevier County. 2022 taxes were under $1,000 for this property. Drone photography used. Video walkthru here: https://www.youtube.com/watch?v=3IqzOgIwRuM
| |||
| Dec 10, 2023 | Listed by Century 21 MVP | $899,000 | |
| Listed by Century 21 MVP | |||
| |||
|
Seller is willing to contribute to a rate buy down for buyer. This 3 bedroom with 4 bonus sleeping rooms, 4060 sq ft premier short term rental investment is perfectly located the smoky mountains resort area. Fully remodeled and furnished it has been designed to book out and cash flow with top line amenities like entertainment room for 10, pool table room, hot tub and multiple Master suites. This property allows an investor to fully book it out and still enjoy staying in the home. With a cap rate over 10 this offers a way to diversify your portfolio into the growing short term rental market. Projected income of $115,000 per year. Roughly $900-$1,100 in monthly expenses. Taxes are extremely low in Sevier County. 2022 taxes were under $1,000 for this property. Drone photography used. Video walkthru here: https://www.youtube.com/watch?v=3IqzOgIwRuM
| |||
| Nov 6, 2023 | Listed by Century 21 MVP | $925,000 | |
| Listed by Century 21 MVP | |||
| May 20, 2022 | Listed by Your Home Sold Guaranteed Realty | $1,199,909 | |
| Listed by Your Home Sold Guaranteed Realty | |||
| |||
|
It's all about the views with this totally renovated purpose built rental cabin! All new Furnishings and appliances to convey. Beautiful open concept living room, kitchen and dining area with multiple wooden cased entertaining areas. This three bedroom, 4 bonus room house features a huge main master bedroom with private balcony with en suite including walk in tiled shower and large soaking tub. A second Master and third bedroom sit on the top floor with wrap around decks. Low maintenance LVP throughout, new sliding doors leading to deck overlooking amazing mountain views. A brand new massive media room downstairs has 10 reclining theater seating, electronic dart board and hockey table. Complete kitchen downstairs for bigger families as well as 4 additional bonus bedrooms rooms with a full bath. This huge 4200sq ft cabin will sleep up to 18 with 2 main suites and 4 baths total, management company ready to go with their rental projections of $169k- 257k. Paperwork available on request.
| |||
| Dec 28, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017