$400,000
●
House -
Off Market
4306 Covered Wagon Road
Sevierville, TN 37862
4 Beds
4 Baths,
1
Half Bath
3,500 Ft²
$708,969
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model
About This Property
Stunning unobstructed mountain views await you in this tri level 4
bedroom fully furnished mountain home. Currently on a rental
program producing over $52k annually this home is an excellent
investment opportunity! Featuring granite countetops in kitchen,
stainless steel appliances, huge open living room area, game area,
dual fireplaces, hot tub, sauna, 2 wrap around decks, walkway to
fire pit, great Wears Valley location
Unit Size
3,500 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$114
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
2007
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 11 days ago (Realtracs #RTC3567629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2020 | In contract | - | |
| In contract | |||
| Sep 12, 2020 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Recently updated, this well appointed luxury cabin located in the heart of Wears Valley offers 4 bedrooms and 4.5 baths with spectacular views in a peaceful mountain setting. As you approach the cabin, notice the ample parking. As you enter the cabin, the grandeur of the floor to ceiling windows is quite captivating! The large kitchen and dining area is perfect for mealtime.The living room area offers a cozy gas fireplace and the perfect setting for enjoying movie night. The main level features a 1/2 bath and a bedroom with en-suite bathroom. The large walk in closet is a plus. Upstairs, in the loft area, the game tables provide hours of entertainment.There is a bedroom and full bath on this level as well. Downstairs, there is an additional sitting room, fireplace and mini kitchen. The manager has listed the unit size as 2618 square feet.
| |||
| Apr 27, 2020 | Listed by Exit Tennessee Realty Pros | $749,000 | |
| Listed by Exit Tennessee Realty Pros | |||
   | |||
|
Recently updated, this well appointed luxury cabin located in the heart of Wears Valley offers 4 bedrooms and 4.5 baths with spectacular views in a peaceful mountain setting. As you approach the cabin, notice the ample parking - excellent for guests visiting your Smoky Mtn. cabin. As you enter the cabin, the grandeur of the floor to ceiling windows is quite captivating! The large kitchen and dining area is perfect for mealtime. The living room area offers a cozy gas fireplace and the perfect setting for enjoying movie night. The main level features a 1/2 bath and a bedroom with en-suite bathroom. The large walk in closet is a plus. Upstairs, in the loft area, the game tables provide hours of entertainment. There is a bedroom and full bath on this level as well. Downstairs, there is an additional sitting room, fireplace and mini kitchen. There are 2 bedrooms and a bonus room as well as 2 full baths and the laundry area. The cabin offers 2 levels of decks to enjoy the beauty of nature from. This is truly a great find in the Smokies.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Sevier
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Listed by: Tracy Chattaway, Vanguard Realty
Last Updated: 11 days ago
Data Source: Realtracs, MLS# RTC3567629
Last Updated: 11 days ago
Data Source: Realtracs, MLS# RTC3567629
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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Phone: 425-283-2930
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