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516 Eagle Trail
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 |
|---|---|---|---|
| May 24, 2024 | Listed by Century 21 MVP | $1,299,000 | |
| Listed by Century 21 MVP | |||
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7,300 sqft plus with sprinkler system installed this 7 bedroom 4 full bathroom 2 half bathroom STR sleeps up to 20 guests and is nestled just outside the heart of Gatlinburg! Open and flowing floor plan offers plenty of space to entertain and the grand great room has tons of room! Large kitchen set up for guests transitions from the living room using a double sided gas fireplace! Outdoor swimming pool will help generate spring summer and fall income! Plenty of room for additional renovations and opportunity to remodel and updates to help this property compete with the best of them! Only a 5 minute drive to downtown Gatlinburg this property has ROOM TO GROW!
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| Mar 26, 2013 | Sold | ||
| Sold | |||
| Jun 8, 2011 | Listed by Regal Real Estate Tn llc | $674,900 | |
| Listed by Regal Real Estate Tn llc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017