3490 Sage Grass 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%.
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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 |
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| Apr 8, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | Listed by ListWithFreedom.com | $615,000 | |
| Listed by ListWithFreedom.com | |||
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Discover this beautiful, secluded cabin, nestled in a tranquil area just moments away from the vibrant attractions of Pigeon Forge and Gatlinburg. With ample space, each floor features its own bedroom and bathroom, making it perfect for gatherings or group getaways. The owner has designed it as a vacation rental but has only welcomed a handful of guests over the past year, having primarily enjoyed it themselves.
Recent renovations include a remodeled basement bathroom, a new hot water heater, and a three-year-old roof. The exterior was stained just two years ago, ensuring low maintenance for years to come. Step outside to unwind in the brand-new six-person hot tub, situated on a spacious deck that's perfect for soaking in the serene surroundings. Don't miss the chance to own this charming getaway!
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| Nov 10, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by Mountain Realty Group | $439,000 | |
| Listed by Mountain Realty Group | |||
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Perfect Wears Valley cabin! Can be overnight rental, vacation home or permanent residence. Sellers are offering a $10,000 furnishing allowance with acceptable offer! Great location with easy access to Pigeon Forge, Gatlinburg, Townsend and the National Park. Private cabin located close to the Great Smoky Mountains National Park in the serene neighborhood of Wonderland Woods. This 3 bed/3 bath cabin is on a wooded cul-de-sac. Easy access year round! Tons of privacy and surrounded by large, beautiful trees. You enter into a great room with the kitchen, dining area and living room that has high cathedral ceilings and a gorgeous stone fireplace! There are side and back doors onto the wrap around porch and decks, part of which are screened! On the main level you will also find a large bedroom and a remodeled bathroom with a walk in, tiled shower. Upstairs is a large loft bedroom with its own bathroom. The basement has its own entrance with a porch area and is fully finished and HUGE! Perfect for a game room, recreation room, office or extra living space! There is another bedroom and bathroom in the basement, that is currently being used as the master. Large laundry room and storage closet also located here! Recent upgrades are two remodeled bathrooms with walk in showers and tile; new double padded carpet in basement; new wood laminate floors in the loft; screened porch; Coleman HVAC system that is still under warranty; and new ceiling fans/light fixtures.
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| Aug 21, 2019 | Listed by Mountain Realty Group | $350,000 | |
| Listed by Mountain Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017