3450 Cove Meadows 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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by East Tennessee Realty Group | $1,325,000 | |
| Listed by East Tennessee Realty Group | |||
| | |||
|
Brand new fully furnished custom-built lodge/home in heart of the Valley. Super large rooms, soaring fireplaces and ceilings, walls of windows out to outstanding views. Three bedrooms/3.5 baths. Optional 2-car garage can be added. Theater room downstairs and huge gameroom. Oversized decks galore to enjoy the Great Smoky Mountains. Property is located in the heart of beautiful Wears Valley only minutes from the national park. Some photos are drone pictures. Projected annual rental income $130-150,000.
| |||
| Oct 9, 2023 | Listed by East Tennessee Realty Group, LLC | $1,549,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
| |||
|
Brand new custom-built home in heart of the Valley. Super large rooms, soaring fireplaces and ceilings, walls of windows out to outstanding views. Four bedrooms/3.5 baths with unlimited potential for sleeping 20+- people. Optional 2-car garage can be added. Theater room downstairs and huge gameroom. Decks galore to enjoy the Great Smoky Mountains. Property is located in the heart of beautiful Wears Valley only minutes from the national park. Decks galore. This is more of a lodge than it is a cabin/house. Some photos are drone pictures.
| |||
| Sep 17, 2023 | No longer available | - | |
| No longer available | |||
| Aug 6, 2023 | Price Decreased |
$1,499,000
↓ $70K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017