3631 Ginseng 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 |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by Prime Mountain Properties | $725,000 | |
| Listed by Prime Mountain Properties | |||
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Stunning Custom-Built Heritage Cabin in Wears Valley: Discover your dream mountain retreat in this stunning 3-bedroom, 2.5-bathroom custom-built Heritage Cabin, perfectly positioned on a secluded 10-acre haven in picturesque Wears Valley. This extraordinary property offers a rare combination of natural beauty, thoughtful design, and modern comfort. Inside, dramatic vaulted cathedral ceilings create an atmosphere of spaciousness and warmth. The heart of the home features a magnificent floor-to-ceiling stackstone fireplace that serves as both a stunning focal point and cozy gathering place. The gourmet kitchen showcases custom cabinetry and generous space for culinary creativity and entertaining. With thoughtful layout, a convenient first-floor primary suite provides accessibility and comfort, complemented by a private enclosed seasonal porch with ramp access—perfect for year-round enjoyment of the surrounding nature. Upstairs, a charming loft living area overlooks the main level, adding architectural interest and flexible living space. This meticulously maintained home features an oversized 2-car garage offers plenty of space for vehicles and storage, with new garage door springs and garage door openers installed in 2021. The home also features a basement, ready to be completed as a game room or theater—perfect for entertaining guests or relaxing with family. With a new roof and gutters in 2024, a new HVAC system and new hot water heater in 2018, this home is move-in ready and well-maintained. The WellXtrol system helps ensure reliable water pressure and flow. Entertain or unwind on the expansive wrap-around deck, offering panoramic views of your private woodland. The property features a waterfall at the rear of the property and a babbling brook that runs along the side of this charming cabin. Surrounded by lush woodland and wooded mountain ridge views, this home provides a serene, private sanctuary with the tranquility you've been searching for. (Virtual Staging and Drone photos have been added) Though peacefully secluded, you're just minutes from all the attractions, dining, and adventures of the Great Smoky Mountains. Perfect as your forever home, weekend getaway, or lucrative investment property, this exceptional cabin offers the mountain lifestyle you've always dreamed of.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017