513 John Ellis
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 22, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Franklin Realty | $479,000 | |
| Listed by Franklin Realty | |||
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How about a one-level, full brick ranch-style home that truly checks all the boxes? Ideally located with easy access to I-40, this home offers a convenient 20-30-minute commute to major job markets. If you're looking to slow things down, you'll appreciate being just a short drive from Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains--perfect for enjoying everything East Tennessee has to offer. Daily essentials are close at hand, with multiple grocery stores and home improvement stores and restaurants just minutes away. Outdoor enthusiasts will love the proximity to Douglas Lake, a Bassmaster-recognized destination known for excellent fishing and recreation. Bass Pro Shops and Buc-ee's are also just minutes away for added convenience.
Designed for easy, carefree living, this well-maintained home features a spacious, thoughtfully designed floor plan. The main living area includes an electric fireplace and flows seamlessly into a 24x12 sunroom overlooking the fenced backyard--ideal for relaxing or entertaining. The kitchen offers an abundance of solid oak cabinetry and ample space for a breakfast table, along with a separate dining room just off the living area for more formal gatherings. The primary suite is generously sized, featuring an ensuite bath and a conveniently located adjacent laundry area. Two additional bedrooms are situated on the opposite side of the home and are separated by a full bath, providing privacy for family or guests. Car enthusiasts or hobbyists will appreciate the exceptional garage space, including a two-car garage with epoxy flooring on one side and an additional garage on the opposite end of the
home. Concrete driveways provide easy access with plenty of room for parking and maneuvering. This property combines comfort, convenience, and location--making it a perfect place to call home.
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| Apr 28, 2022 | Listed by Franklin Realty Inc | $429,900 | |
| Listed by Franklin Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017