4538 STACKSTONE Road
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 |
|---|---|---|---|
| Sep 7, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by eXp Realty | $1,800,000 | |
| Listed by eXp Realty | |||
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Calling all turn-key cabin investors! ‘Smokehouse Ridge' is a great turn-key cabin for first time investors, or a strong addition to an existing short term rental portfolio. Smokehouse Ridge generated $207K in revenue from June 2021 to January 2022. On track to exceed $300K for 2022. Smokehouse Ridge has the features that drive high average daily rates and occupancy: 8 spacious en-suite bedrooms, sweeping Wears Valley views, a convenient location, exquisite finishes, and unique amenities. Every inch of this overnight rental powerhouse has been updated to include: new LVP flooring throughout, granite countertops, top of the line appliances, a kid friendly game room outfitted with a large screen TV, wet bar, multi-cade, pool table, and sleeper couch. For the adults, Smokehouse Ridge has an exquisitely appointed Speak Easy located on the 3rd level with a hand-hewn post and beam bar, custom crafted antler chandelier, regulation poker table, large screen TV and cozy seating area. The outside is just as impressive as the inside, featuring freshly stained siding and deck boards, new windows, an eco-friendly 6000-gallon UV rainwater harvesting system, new hog wire rails, new POLYWOOD rockers, new 8-person hot tub, and new POLYWOOD pub tables. And to top it off, this cabin is self-managed, which means there is no requirement to remain with a management company. Smokehouse Ridge rental ready and can generate revenue within days of closing, just in time for peak rental season.
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| Mar 14, 2022 | Listed by eXp Realty | $2,300,000 | |
| Listed by eXp Realty | |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Dec 16, 2019 | Listed by Monarch Realty LLC | $837,000 | |
| Listed by Monarch Realty LLC | |||
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Back on the market! 8 bedroom Investment Cabin with stunning views available NOW! Gross Annual Income of over $130,000. Sleeps 38! NO Hoa fees. Fully furnished. Located in beautiful Wears Valley, TN close to the Great Smoky Mountains National Park, Action packed Pigeon Forge and the new Foothills Parkway Extension. Virtual tour available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017