3719 Cinnamon Way
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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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2024 | Listed by Century 21 MVP | $1,449,000 | |
| Listed by Century 21 MVP | |||
| Oct 31, 2024 | Listed by Century 21 MVP | $1,449,000 | |
| Listed by Century 21 MVP | |||
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RENTAL INCOME OF $177,702 10/23-09/2024 and $215,076 in 2023. Explore this mountain estate nestled in Wears Valley, set on a private, gated 0.78 acres with breathtaking views of the Great Smoky Mountains. Currently operated as a 6-bedroom, 6.5-bath mountain retreat. This property (~3370 sq.ft) features a main cabin with 5 Bedrooms and 5.5 baths, along with a game room. The 6th bedroom is a detached private suite that includes a spacious theater room downstairs (~ 1352 sq.ft). As you enter the open-concept living area, you'll be captivated by the abundance of natural light and a wall of glass windows that frame the spectacular mountain vistas. The interior boasts gleaming hardwood floors and a grand 30-foot stone fireplace, creating an impressive atmosphere for gatherings. The gourmet kitchen is featuring modern appliances, granite countertops, and a large island perfect for entertaining. On the main floor, you'll find a luxurious KING SIZE SUITE with its own private bathroom, as well as a convenient half bath. Upstairs, two additional KING SIZE SUITES offer mountain views. The lower level is designed for fun, featuring a game room equipped with a pool table, game table, and arcade games, plus two more bedrooms: a 4th KING SIZE SUITE and a 5TH BEDROOM with bunk beds. The DETACHED KING SIZE STUDIO APPARTMENT is an ideal retreat, complete with its own bathroom, living area with a sleeper sofa, kitchenette, and private balcony—perfect for those seeking extra privacy. Additionally, the suite boasts a spacious theater room for cozy movie nights. Outdoors, the property offers a lovely lawn with a playground and fire pit for outdoor fun. Relax on one of the two decks: the screened-in lower deck features a bubbling hot tub and seating area overlooking the mountains, while the covered upper deck is perfect for outdoor dining. Situated 2,400 feet above sea level in the Millers Creek community at the foot of Cove Mountain, this retreat is conveniently located just ~20 minutes f
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| Jun 22, 2011 | Listed by Pristine Realty | $105,000 | |
| Listed by Pristine Realty | |||
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GREAT LOCATION, 5.95 ACRES!! Several possible home sites. Property about 5 miles from the Pigeon Forge Parkway and less than 4 miles from 321 at Wears Valley. Little Cove Estates across the street!!! SELLER MOTIVATED BRING YOUR OFFER!!! Great views! Adjacent corner lot also available .97 acre, MLS #168174.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017