3739 Ivy 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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | Listed by Mountain Home Realty | $549,900 | |
| Listed by Mountain Home Realty | |||
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Brand new 2 bedroom, 2 bath cabin with gameroom located between Pigeon Forge and Gatlinburg would make the perfect investment property. The main level features the living area, kitchen, 1 bedroom and 1 bath, while downstairs you will find the gameroom, 1 bedroom and 1 bath. All appliances are brand new and have already been installed as well as a relaxing hot tub. The seller is offering a $20,000 furniture allowance to the buyer so you can make this blank canvas your own. Also included is a Tesla EV charger. This cabin is 10 minutes to Gatlinburg and roughly 20 minutes to Pigeon Forge. If you have ever wanted to own your own piece of the Smoky Mountains then check this cabin out.
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| Jun 21, 2024 | Listed by Mountain Home Realty | $524,900 | |
| Listed by Mountain Home Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017