3414 Quail 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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Mountain Realty Group | $595,000 | |
| Listed by Mountain Realty Group | |||
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by Crye-Leike REALTORS, South Inc. | $319,900 | |
| Listed by Crye-Leike REALTORS, South Inc. | |||
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Look no further for your perfect mountain home- located in Wears Valley- close to both Pigeon Forge, Townsend & the national park. This property has never been on rental but is great for a permanent or second home, even for an overnight rental with a few tweaks.. Who doesn't love a screened porch, beautiful mountain view & a large corner lot with very little maintenance? This home also features tongue & groove ceilings, wood beams & solid wood doors. The main level of this home consists of kitch/dining/living area (L shaped w/wood flooring), bedrm, bath, & an office which could be a small game area or other flex space. Basements can be hard to find but here you go! Half is a single car garage & other half is used for storage. A previous owner had begun to wall up a section for another room but did not complete. Upstairs you will find an open loft master with a full bath & closet. The kitchen boasts of stainless appliances & living area of a beautiful stacked stone f/p. The wildlife is just a bonus! This property in it's unbeatable location also has lots of natural light, is priced right & could be YOUR little piece of the Smokies! Don't miss out, call list agent OR your favorite Realtor today
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017