55 Sunset Boulevard
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 30, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | Listed by Franklin Realty Inc | $399,900 | |
| Listed by Franklin Realty Inc | |||
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This serene setting on Douglas Lake is an amazing opportunity to build your dream home. It's rare to find a gentle to the water lake front lot with 1.46 acres! One side of this property is currently undeveloped leaving a wooded border which creates a private setting. Public water and natural gas are available and it is approved for a septic - at least 3-bedroom. This is a new development that has easy access to all amenities. Within 10 minutes of I-40 and I-81. Located within a 45 minute drive of Knoxville, Pigeon Forge, Gatlinburg. 20 minutes to Morristown where you'll find all necessities. LOVE WHERE YOU LIVE! Come home to paradise.
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| Apr 14, 2023 | Listed by Franklin Realty Inc | $409,000 | |
| Listed by Franklin Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017