3755 Revetta Circle
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 |
|---|---|---|---|
| Nov 6, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | Listed by Century 21 Legacy | $1,499,000 | |
| Listed by Century 21 Legacy | |||
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Projected rental income of $176,000!! This property offers both luxury living and an investment opportunity! This newly built 5 BD/5.5 BA 3,600+ sq ft jewel is an emblem of both modern finesse and rustic allure. Nestled in beautiful Wears Valley overlooking the mountains, this property will afford you the pleasure of year round stunning views of Cove Mountain and beyond. It would make an excellent overnight rental, permanent residence, or second home. With unmatched Smoky Mountain charm, this home has expansive views of the Smokies from the three rear levels! The main level and upper level exterior decks are furnished and outfitted with fireplaces that seamlessly blend the indoor and outdoor living. The main level of this immaculate home features a large great room, complete with an open living room featuring a fireplace, and a dining area. You'll find a full kitchen with granite countertops, as well as a private master bedroom along with a private master BA and closet. The spacious loft level provides 2 additional bedrooms, each with their own private bathroom and closet space, and an open den area including a fireplace. The lower level has a large recreation room, a private theater/media room, and 2 additional bedrooms. The interior blends materials from both rustic and modern pallets for the perfect combination. No expense was spared in the interior furnishings and decoration, marrying rustic charm with modern flair, every space is both stylish and welcoming. Its prime location puts you near attractions like the National Park, downtown Pigeon Forge, Dollywood, and Townsend.
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| Jul 18, 2023 | Listed by Century 21 Legacy | $1,579,000 | |
| Listed by Century 21 Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017