3361 SUGAR MAPLE LOOP Road
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 13, 2026 | No longer available | - | |
| No longer available | |||
| Jan 3, 2026 | Listed by Wallace Real Estate | $140,000 | |
| Listed by Wallace Real Estate | |||
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Rare opportunity to build immediately in the gated Shagbark community. This lot previously had a home that was lost in the fires and is already improved with a cleared homesite, existing driveway, level building site, and parking area—saving significant time and expense for your new build.
The property includes an existing well and a 3-bedroom septic system previously installed. The well and foundation have been inspected since the fire. Septic permit information is available, however buyer to verify current septic condition and county approval, as no post-fire inspection documentation is available.
Enjoy privacy and a peaceful setting while still having access to Shagbark's outstanding amenities, including a gated entrance, community pool, tennis and pickleball courts, frisbee golf, playground, and dog park.
Ideal for a primary residence, second home, or investment property, this lot offers a strong foundation for your Smoky Mountain vision with key infrastructure already in place.
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| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Monarch Realty LLC | $92,250 | |
| Listed by Monarch Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017