4052 Ridgeback Ln
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2024 | Listed by Keller Williams Smoky Mountains | $869,000 | |
| Listed by Keller Williams Smoky Mountains | |||
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Oct 18, 2023 | Listed by Your Home Sold Guaranteed Realty | $750,000 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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VIEW! Beautiful, well maintained cabin with one of the most spectacular views of Cove Mountain located in the highly sought after Homestead in Wears Valley! This home has never been on a rental program and has been maintained immaculately. Upgrades include all new stainless steel appliances (2-23), Granite countertops, saltwater filtration system, walk in shower on main level and gutter guards. Master bedroom on the main level and two additional bedrooms downstairs with bonus extra living area. Has small storage building on lower deck for extra storage. So whether you are looking for a place to Homestead and make this your dream home or put on a rental program this cabin is sure to be the perfect fit. Enjoy the beautiful sunrise from the decks in the morning and maybe, just maybe, get a glimpse of the Bears who tend to pass through in the evening for a bit of entertainment. All the while soaking in the hot tub enjoying all the beauty the Smokies have to offer. Less than a 30 minute drive to Pigeon Forge and approximately 13.5 miles. Nice wide roads to drive on! So what are you waiting for. Schedule your showing today!
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| Sep 19, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017