4157 Mountain Rest 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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | Listed by Tennessee Elite Realty | $587,500 | |
| Listed by Tennessee Elite Realty | |||
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With incredible rental history of over $67K in 2023 - Welcome to your dream retreat nestled in a serene and sought-after development, offering the perfect blend of charm, comfort, and convenience. This meticulously maintained cabin-style home boasts numerous recent updates, elevating it to a new level of luxury. Step inside to discover not one, but two finished bonus rooms in the daylight basement, including a spacious master suite and an additional half-bath, seamlessly connected to the expansive back deck where a rejuvenating brand new 7-person hot tub awaits. Enjoy the tranquility of the surrounding woods and the convenience of a newer powered workshop below, accessible via a secondary driveway. Relax on the long covered front porch, taking in breathtaking mountain views year-round, while the open kitchen beckons with ample counter and cabinet space, a pantry, and inviting bar seating. Cozy up by the gas fireplace in the great room, perfect for entertaining or quiet evenings with loved ones. Recent upgrades such as a new well pump, HVAC system, and water heater ensure worry-free living, while an additional storage shed adds practicality to this idyllic setting. If you are seeking a lucrative established rental investment, this gem offers endless possibilities, don't let this opportunity slip away - schedule your showing today and experience the epitome of Smoky Mountain living!'' https://www.airbnb.com/rooms/650537716641425504?source_impression_id=p3_1709329961_R86yB8h%2BNHtnKKYg
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 25, 2021 | Listed by TN Smoky Mtn Realty | $389,000 | |
| Listed by TN Smoky Mtn Realty | |||
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Beautiful home, well constructed! The potential and possibilities are endless. Currently a permanent residence home but can be rented Short Term/Overnight! 2 huge bonus rooms with a bathroom in each! Great exterior with a large storage building out back. Spacious 1 acre lot also has a stream/creek down towards the bottom of the property. Quiet, peaceful neighborhood that includes a few overnight rentals and resident homes! A distant mtn view can been seen from the front porch, along with a mtn ridge seen through the trees out back. Only 12 miles to Pigeon Forge! On the main level there is a common bathroom, open living area, fireplace and a huge master bedroom! Master bedroom has a walk in closet and a Jacuzzi tub! Level driveway can easily fit 3 cars! Private setting! This is a must see, priced to sell and will go fast!
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| Nov 17, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017