3557 Wears Valley Road
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 |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Exit Tennessee Realty Pros,LLC | $1,385,000 | |
| Listed by Exit Tennessee Realty Pros,LLC | |||
| Jan 31, 2026 | No longer available | - | |
| No longer available | |||
| May 15, 2025 | Listed by Exit Tennessee Realty Pros,LLC | $1,385,000 | |
| Listed by Exit Tennessee Realty Pros,LLC | |||
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Stunning 14.26-acre parcel in the heart of highly desirable Wears Valley, offering prime proximity to top area attractions, including dining, entertainment, shopping, and The Great Smoky Mountains National Park. This mostly flat, valley floor property is easy to build on and versatile, suitable for a variety of development ideas. Partially soil mapped, it presents an excellent opportunity for your dream home, vacation retreat, or investment project. Don't miss this rare chance to own a spacious, accessible lot in one of the region's most sought-after locations! All information is deemed reliable but should be verified by the buyer. Property boundaries and acreage confirmed by survey only. Signs not reliable for lot or boundary identification, not Seller/Broker/Agent responsibility. Buyers to verify all info, including HOA details. Equal housing opportunity. Info from Tax Records/Seller, not verified by listing Broker/Agent. Buyers should get a survey, buy title insurance and verify all information. HOA info from Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017