347 Caney Creek Road
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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2023 | Listed by Prime Mountain Properties | $625,000 | |
| Listed by Prime Mountain Properties | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
| Jan 29, 2020 | Listed | $250,000 | |
| Listed | |||
| | |||
|
Rare opportunity to own a log cabin on a creek! This little Smoky Mountain retreat sits just minutes off the parkway and is located right between Pigeon Forge & Gatlinburg. Cabin sits at the end of the road and features singe level living areas. No stairs to go up or down. Floor plan is an open concept with cathedral ceilings. Full kitchen with small dinette area, gas fireplace with floor to ceiling stone as the focal point of the living area, and 2 full bedrooms with full baths. This property has a ton of opportunity and the creekside setting makes this an amazing property to add to any portfolio or to use as your personal getaway. Wrap around deck offers outdoor seating, grilling, and relaxation. This is your chance to own a small piece of the Smokies.....ON A CREEK! *** The manager has listed the unit size as 776 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017