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566 Tanasi Tr
About This Property
Sitting right on the water, this property delivers the kind of view, and sound, you simply can't replicate. Step outside and you're immediately met with the peaceful flow of the river, creating that relaxing Smoky Mountain experience buyers are always searching for. Even better? The river is stocked, making it a dream setup for fishing right from your own backyard.
Beyond the setting, this home has been thoughtfully maintained and updated over the years. A new roof and gutters were installed in 2020, along with updated kitchen appliances including the refrigerator, stove, microwave, dishwasher, and garbage disposal. Both bathrooms have seen upgrades with showers replaced (2017 and 2021), and the interior has been refreshed with painting and front deck improvements completed in 2022.
Major systems are in solid shape, including a heat pump HVAC system and an electric water heater. Inside, you'll find a cozy gas fireplace, while outside offers the perfect place to unwind in the hot tub listening to the river after a long day.
Whether you're looking for a personal getaway, a second home, or a short-term rental investment, this property checks all the boxes: location, updates, and that hard-to-find riverfront experience.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | Listed by Keller Williams | $515,000 | |
| Listed by Keller Williams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017