3610 Sugar Camp Circle
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by East Tennessee Realty Group, LLC | $129,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
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Flat lot in Wears Valley w creek frontage. 2 bdr septic already installed (and could increase w Health Dept approval). Former owner shared well water from neighbor and this arrangement could probably be continued, or buyer can dig new well. Legally shared driveway already in place. Former owner was in process of building home on property and footers were dug (these can still be used or not).
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| Jan 26, 2024 | Listed by East Tennessee Realty Group, LLC | $189,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
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A remarkable Wears Valley find in property. Beautifully flat with views and access to mountain stream. 2 bdr septic is already installed and property could easily handle a 3 bdr septic, if buyer desires. Former owner was in process of building home (footers in place), and house plans are available to buyer if desired. A 2019 RV is on property with new deck and will be left on the property. Also has a storage unit on property which will also remain. Former owner shared well water from neighbor and this arrangement could probably be continued, or buyer can dig new well. Legally shared driveway already in place.
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| Mar 31, 2020 | Sold | ||
| Sold | |||
| Jul 14, 2019 | Listed by East Tennessee Realty Group, LLC | $46,500 | |
| Listed by East Tennessee Realty Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017