6
Map
511 DIXIE Avenue
About This Property
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Cap Rate Calculator
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 26, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Firefly Realty & Rentals, LLC | $249,900 | |
| Listed by Firefly Realty & Rentals, LLC | |||
| Apr 1, 2016 | Listed by Prime Mountain Properties | $99,900 | |
| Listed by Prime Mountain Properties | |||
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Location, Location, Location! 2BR/1BA Home in the heart of Pigeon Forge. Zoned C-6 Commercial. This home has so much character and potential. Perfect location for a small business. Great investment as a long-term rental property. Home features a screened-in porch, metal roof, large back yard & detached garage/shed. Electrical has recently been updated. Located close to Dollywood and within walking distance to the parkway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017