3719 Clabo Mountain Lane
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 |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Jun 10, 2022 | Listed by East Tennessee Realty Group, LLC | $975,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
| May 13, 2022 | Listed by East Tennessee Realty Group, LLC | $1,150,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
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Newly constructed home in beautiful Wears Valley location. Scheduled for final finishes by June 7. This home offers an enticing craftsman design situated beautifully on .83 acre. Quiet private wooded setting. The current layout has separate independent basement with complete kitchen and washer/dryer connects. Owner/builder will provide stairway connecting both levels if desired. This property offers a unique investment opportunity for maximum overnight rental income or could use as permanent/second. High end cabinets with solid surface tops. Extra large living/gathering area with upgraded bathrooms. High-in upgrades in kitchen and fine interior finishes throughout. Check out this very unique style in one of the best locations in the entire area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017