19
Map
3172 Chapel Way
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 |
|---|---|---|---|
| Mar 30, 2021 | Sold | ||
| Sold | |||
| Feb 28, 2021 | Listed by Hometown Realty LLC | $349,950 | |
| Listed by Hometown Realty LLC | |||
| Aug 5, 2019 | No longer available | - | |
| No longer available | |||
| May 11, 2019 | Listed | $225,000 | |
| Listed | |||
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LOCATION!!! This adorable cozy cabin is located right off Wears Valley Rd, just minutes from Pigeon Forge. You will be close to the Parkway but feel as if you were tucked into the woods giving you that perfect private location feel. If you enjoy all of the main attractions such as Dollywood, Car Shows, The Island, Great Smoky Mountains National Park, dinner shows and restaurants, shopping at Tanger Outlet malls AND MORE-this is the getaway cabin for you! Chapel Mountain is a small development with no thru streets, so there will be little traffic to take away from the peaceful setting. This cabin is currently on the rental program doing very well! Owner started renting the cabin in May 2018 and it grossed over 21K through December. Owner had cabin pressure washed and stained in 2018. Schedule a showing ASAP! The manager has listed the unit size as 922 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017