371 Olde Forest Road
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | In contract | - | |
| In contract | |||
| Oct 4, 2023 | Listed by Southern Pine Realty Solutions - Clarksville | $525,000 | |
| Listed by Southern Pine Realty Solutions - Clarksville | |||
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DREAMS DO COME TRUE! MOVE IN READY CUSTOM LOG HOME ON 2 LAKEFRONT LOTS. THE HOME COMES WITH ALL FURNISHINGS, LAKEFRONT, WITH PRIVATE ALUMA DOCK PLUS A BUOY FOR SECOND DOCK. Nature, Seclusion, and Gorgeous Kerr Lake --- all within a short drive of the charming town of Clarksville. The front of the home has a covered porch and a spacious vaulted great room awaits with a beautiful fireplace and a large deck with Seasonal Lakeviews. The primary bedroom and the great room open to the deck that extends the length of the home. The huge bathroom on the main level with a very large walk-in shower. The bathroom has lots of space for the washer and dryer. The Guest Room is in the Loft with a balcony. The basement is finished and has a spacious recreational room with a big bar, guest bedroom space downstairs, and a lower level patio. There is a storage shed for your lake toys and yard equipment. Enjoy the privacy that the extra lot offers along with the Corps property. All furnishings will convey with the home. Gorgeous sunset views from the Alumna Dock. Make an appointment soon--this one you do not want to miss!! The manager has listed the unit size as 2183 square feet.
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| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 17, 2023 | Listed by Century 21 Realty @ Home | $450,000 | |
| Listed by Century 21 Realty @ Home | |||
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Your favorite weekend get-away! This custom-built LAKE FRONT log cabin with 2 waterfront lots enjoys plenty of privacy & Kerr Lake access with not only your own private ALUMNA DOCK & ALMNA RAMP but an additional buoy permit as well. As you step onto the covered front porch then enter the vaulted great room, you can’t help but notice the beautiful stained glass windows. Of course, there is a fireplace for ambiance. The main level great room and bdrm both open to the back deck where you can enjoy mother natures views. The 1st Fl bath hosts a HUGE walk-in shower. The 2nd level is a large sleeping loft that opens to its own balcony. The walkout basement includes a bar, rec area and space for an added sleeping area and bath w/washer/dryer. And there is a shed for all your lake toys. This log home comes with plenty of extras! A Generac Generator, a whole house water filter, already wired for a security system & high-speed internet. With just under 6 acres these 2 lots offer plenty of land to explore or build a 2nd home. The gravel path and bridge will take you to your PRIVATE DOCK where you can enjoy all the lake has to offer. And don’t forget the additional buoy permit.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017