3746 EDGE PARK Drive
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 |
|---|---|---|---|
| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2023 | Price Decreased |
$1,250,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Oct 18, 2023 | Price Decreased |
$1,300,000
↓ $99K
(7.1%) | |
| Price Decreased | |||
| Sep 22, 2023 | Listed by Mountain Realty Group | $1,399,000 | |
| Listed by Mountain Realty Group | |||
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Huge views bordering the Great Smoky Mountains National Park! Hike right into the Park from your front yard! This 3-story log cabin is located in Wears Valley and close to dining, shopping, attractions, hiking, fishing, and exploring! Situated on a private lot, this secluded oasis has a hot tub; Game Barn with a theatre; multiple wrap-around decks featuring 360-degree views of the mountains; and a fire pit! Inside you will find tons of space with a modern, rustic vibe; 3 bedrooms with en-suite baths; cathedral ceilings; open-concept living; a fireplace, and beautiful natural light. Lots of room to spread out and enjoy the interior amenities, including the basement game room. The exterior Game Barn is an indoor/outdoor area featuring a 120'' movie screen, arcade games and corn hole! This unique and beautiful property is currently being used as an overnight rental and is being sold turn-key. Have the Great Smoky Mountains as your next-door neighbor! Schedule a showing today. The manager has listed the unit size as 2846 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017