4203 Alpine Ridge 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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by TN Smoky Mtn Realty | $390,000 | |
| Listed by TN Smoky Mtn Realty | |||
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Adorable log cabin with complete privacy, sitting on 1.1 acres of land. Just 10 miles from the heart of Pigeon Forge, Dollywood and many attractions. Open Concept with a cozy and comfortable feel. Unique dining area features large windows to enjoy the wooded surrondings. Brand new roof installed this year along with new stainless steel appliances. Recently started renting with Jackson Mtn Homes and has been doing very well. Easy drive on paved roadways and great parking space. This quaint community does not have an HOA and has several successful short term rentals. Perfect Honeymoon cabin or small family getaway.
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| Aug 24, 2011 | Listed by Century 21 MVP | $118,000 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017