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4591 Houge 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 |
|---|---|---|---|
| Sep 23, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Cosby Real Estate, Inc. | $119,000 | |
| Listed by Cosby Real Estate, Inc. | |||
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Newly remodeled cabin in the mountains on a creek close to Gatlinburg, The National Park . The owner has paid attention to details and focused on the important parts to make the home sound like, getting rid of wood rot and rebuilding the basement wall, removing trees, rebuilding the footers, Installing a new HVAC system with an electric heat pump and a propane furnace that is big enough to handle the 12x16 screened in porch if it was enclosed. Lifetime warranty on the new gutters by Leaf Guard of TN, New Commercial grade washer and dryer with a 10 year warranty. Termite contract and the home get treated every 3 months for bugs. New steps to the lower deck.
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| Aug 31, 2018 | Listed by Cosby Real Estate, Inc. | $119,000 | |
| Listed by Cosby Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017