3825 Glenview 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%.
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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.
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 |
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| May 30, 2024 | Listed by eXp Realty | $795,000 | |
| Listed by eXp Realty | |||
| Oct 11, 2023 | Listed by eXp Realty | $819,000 | |
| Listed by eXp Realty | |||
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Nestled in the pristine beauty of East Tennessee's majestic Wears Valley, this luxurious cabin promises a serene escape from the everyday hustle and a remarkable turn key investment opportunity. Boasting breathtaking panoramic views, this idyllic retreat offers an unparalleled sense of tranquility and exceptional rental income potential. Perched on a hilltop, the cabin provides a perfect vantage point for admiring the rolling hills and verdant forests that stretch as far as the eye can see. Its modern rustic elegant design seamlessly blends with the natural surroundings, featuring exposed timber beams, picture windows and large back decks that frame the mountain vistas like living pieces of art. Step inside, and you'll find an interior that exudes warmth and comfort. The open-concept living area with the stacked stone backdrop of the wood-burning stove invites you to cozy up with loved ones while enjoying the stunning scenery. The fully equipped kitchen is a chef's delight, complete with granite countertops and stainless steel appliances. With 3 full bedrooms and 3 full bathrooms as well as an upstairs loft space complete with a trundle bed, this cabin offers comfortable accommodations for 8 guests. Outdoor living spaces include two back decks, a 6 person hot tub, and a fire pit, providing the perfect spots for guests to soak in the serenity and connect with nature. As a lucrative investment, this cabin boasts a strong history of rental income thanks to its allure for vacationers and outdoor enthusiasts. See the provided updates sheet, rental history and projections documentation or ask your agent to provide. Whether you seek a personal mountain retreat or an income-generating asset, this luxury cabin in East Tennessee's esteemed Wears Valley offers the best of both worlds. It's a place where the beauty of the mountains meets the promise of financial prosperity, all in one enchanting package. Buyer and buyer's agent to verify all information.
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| Mar 10, 2022 | Sold | ||
| Sold | |||
| Jan 17, 2022 | Listed by Century 21 MVP | $899,900 | |
| Listed by Century 21 MVP | |||
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CABIN GROSSED $86,171 IN 2021 with owners using 45 days out of the year. PANORAMIC MOUNTAIN VIEWS. Beautiful well maintained 3 BEDROOM 3 BATHROOM CABIN overlooking Wears Valley. Mountain views from just about every window. Main floor features open living room, dining, kitchen, king size bedroom and bathroom. Game area with a pool table upstairs. Downstairs you will find 2more MASTER SUITES & TV room. 2 levels of deck with breathtaking views. Cabin sits on 0.53 acres and offers plenty of level parking, patio with firepit, and storage shed. NEW HVAC 2021. The awesome view, amenities and location make this one easy to maximize your rental potential. Owners have been using the cabin as a vacation home and have booked dates for themselves almost every month.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017