3517 Needles 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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$550,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$570,000
↓ $80K
(12.3%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Spring Mountain Realty | $649,900 | |
| Listed by Spring Mountain Realty | |||
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MOTIVATED SELLER: Experience the ultimate mountain-and-lake lifestyle in this stunning 2021 custom cabin, where modern luxury meets the tranquil shores of East Tennessee! Perfectly designed for the eco-conscious adventurer, this retreat features mountain and lake views, and hardwood floors, all sustained by an innovative, state-of-the-art 2,300-gallon rainwater collection and purification system. Enjoy rare lakefront water entry right from your shoreline, offering the perfect seasonal setup for your floating dock and summer days on the water. Whether you're soaking in the majestic mountain vistas or launching a kayak from your private bank, this meticulously maintained property is the turnkey sanctuary you've been waiting for--come and get away today!
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| May 14, 2026 | Listed by Spring Mountain Realty, PLLC | $570,000 | |
| Listed by Spring Mountain Realty, PLLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017