3169 Stepping Stone 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2023 | Listed by Century 21 MVP | $595,000 | |
| Listed by Century 21 MVP | |||
| Nov 22, 2016 | Sold | ||
| Sold | |||
| Sep 14, 2016 | Listed by Prime Mountain Properties | $197,900 | |
| Listed by Prime Mountain Properties | |||
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NOW VACANT, NEEDS MINOR TLC BUT REDUCED $50,000!! This gem of a chalet is nestled cozily in the beautiful woods of Shagbark! Plenty of glass to bring the outdoors and the sunlight in. It is 2,772 square feet of heated and cooled space (sun room is not included in footage as no heat or air). It has 3 spacious bedrooms, 2.5 baths, a large great room with fireplace and hardwood floors, quartz counters in the kitchen with under cabinet lighting plus stainless steel appliances, and a terrific rec room in the walkout basement! The lovely master bath has tiled shower and granite counter top. The basement also has a large utility room, a workshop, and plenty of storage. There is a circular drive with beautiful landscaping surrounding it, the home, and the double carport. Shagbark Community has a pool and some of the loveliest vegetation so have your cameras ready. Make this chalet in a park like setting your getaway, your permanent residence, or put on Rental program and be close to all the shops and attractions Pigeon Forge has to offer!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017