21
Map
624 Pinemont Drive
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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jul 5, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by Prime Mountain Properties | $324,900 | |
| Listed by Prime Mountain Properties | |||
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Location meets versatility in this 3-bedroom, 2-bathroom home situated just 2 minutes from the Pigeon Forge Parkway. Positioned perfectly for those seeking a permanent residence or a stable long-term rental investment, this property offers incredible proximity to local employment, dining, and attractions while sitting on a quiet, peaceful street.
The interior layout features three practical bedrooms and two full bathrooms, maximizing functional space for families or tenants. Because this neighborhood does not permit overnight vacation rentals, it offers a rare, quiet residential environment right in the center of town. Whether you are a savvy investor looking to capitalize on the area's booming demand for long-term workforce housing, or a buyer looking for a highly convenient place to call home, this property is a standout option. Appliances convey. Schedule your showing today to explore the potential.
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| Feb 9, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by Parkside Real Estate LLC - Gatlinburg | $266,400 | |
| Listed by Parkside Real Estate LLC - Gatlinburg | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017