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3535 Brook Stone 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 |
|---|---|---|---|
| Feb 3, 2022 | Sold | ||
| Sold | |||
| Dec 11, 2021 | Listed by Century 21 Legacy | $974,900 | |
| Listed by Century 21 Legacy | |||
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Built in 2020 this well appointed 3 bedroom, 3 full bath cabin is nestled in the heart of Pigeon Forge. Access to the cabin is made easy with no steep mountain roads, driveways or long flights of stairs to climb. With three levels, each with a bedroom and full bath offers you plenty of privacy. The main level of this cabin offers an open floor plan starting with the living area with an electric fireplace, large windows to let in the natural light, a fully equipped kitchen and dining area. Love to entertain? The full length deck offers a gas BBQ grill and upgraded deck furniture enabling you to enjoy the beauty of the outdoors comfortably. The master bedroom and the first full bath are conveniently located on this level as well. Up to the second level is a loft area with a multi-cade, a private bedroom and full bath. Down to the recreation room for some fun and games! There are hours of fun to be had with the large pool table, foosball table and flat screen TV for watching your favorite movies! The third bedroom, full bath and laundry closet are on this level as well. The second full length deck is on this level and offers a large hot tub to enjoy after a long day in the Smoky Mountains. Bearadise has proven its rental potential in its first full year with a projected final number of $98,337. What are you waiting for? The mountains are calling!! ****Natural gas is available on Brook Stone but is currenty not connected to the home.***
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Apr 13, 2020 | Listed by All Pro Realtors, LLC | $459,799 | |
| Listed by All Pro Realtors, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017