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515 Mountain View Lane
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 |
|---|---|---|---|
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | In contract | - | |
| In contract | |||
| Aug 13, 2022 | Listed by Smoky Mountain Real Estate Corporation | $440,000 | |
| Listed by Smoky Mountain Real Estate Corporation | |||
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Location Location!!! In the heart of Pigeon Forge! Very nice open concept 2-bedroom 2bath cottage within walking distance of the Parkway! Open concept design with cathedral ceiling, beautiful stone stacked fireplace, gas logs and wood flooring on the main level. Downstairs has a custom built-in bunk room plus a bonus area that could be used as a family room, game room etc... This home is very well maintained inside and out. Great outside space too with plenty of room for a firepit and games. Large front porch with a winter view of the golf course and the Ferris wheel. Easy access on city paved streets with plenty of room to park, there is even a storage shed. Prime location near Dollywood and all area attractions & would make a great overnight rental. Being sold partially furnished. The manager has listed the unit size as 1280 square feet.
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| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017