3643 Wilderness Mountain 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 5, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by Century 21 MVP | $1,175,000 | |
| Listed by Century 21 MVP | |||
| Sep 12, 2023 | Listed by Your Home Sold Guaranteed Realty | $1,200,000 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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Discover the epitome of luxury with this turnkey vacation rental in the sought-after Wears Valley Community. This one has historical gross revenue of $149,000+/year. Cabin will be under new management starting 11/01/23. New managers are predicting to exceed last year's numbers by 20%. This 6-bedroom, 6-bathroom haven offers breathtaking Smoky Mountain and valley views. Spread across 3 levels, this retreat features 5 master bedrooms, 7 beds, and 2 sleeper sofas, accommodating 18 guests. The exterior, including the decks, was recently stained (Projected November 2023 completion). Furnishings, equipment, kitchenware, and supplies convey with the home, including TVs, appliances, games, hot tubs, etc. Well maintained, recent updates include newer LVP flooring, quartz countertops, custom lighting, and a private driveway. The property is part of a well-established resort with proximity to dining, shopping, hiking, and wildlife. Calling all investors and secondary homeowners! Priced to sell and part of a thriving rental program, this home promises a harmonious blend of sophistication and financial success. 5 home portfolios available.
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| Dec 20, 2022 | Listed by Your Home Sold Guaranteed Realty | $1,599,900 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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This beautiful cabin sits in a established , well desired resort located in the heart of Wears Valley. Just minutes away from dining , shopping , hiking , wildlife , & much more. With Mountain views all around you can relax and enjoy the serenity that the Great Smoky Mountains has to offer. This cabin has been well kept and updated. Replaced 2 HVAC units - May 2022 (2 year labor- 10 year parts warranty) Replaced Well Water pump and controller - February 2021 New interior paint - 2020 New interior lighting 2020 New exterior lighting 2020 *New roof in progress, pending January 2023 completion . This cabin is currently on rental program doing well.
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| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017