652 Pinecrest 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | Listed by Local Realty Group | $1,399,000 | |
| Listed by Local Realty Group | |||
| Feb 14, 2024 | Listed by Century 21 Legacy | $1,399,000 | |
| Listed by Century 21 Legacy | |||
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Discover this expansive, contemporary mountain chalet nestled in Chalet Village North, offering over 3,300 square feet of modern living space. This brand-new 4-bedroom, 4-bathroom, and 2 half-bathroom home is perfectly positioned just minutes away from downtown Gatlinburg, the Great Smoky Mountains National Park, and a plethora of attractions. This property presents endless possibilities with its stunning Eastern Smoky Mountain views. The interior of the chalet features a vast great room that seamlessly blends a cozy living area with a fireplace and gourmet kitchen, equipped with granite countertops. The formal dining room, a master bedroom with a private closet and an ensuite bathroom featuring a luxurious stone walk-in shower, add to the main level's allure. The second level unveils two additional bedrooms, each with private closet space and their own bathrooms, enhancing privacy and comfort. The lower level expands the living space further with a large den, media room, and a fourth bedroom with a private bathroom, offering ample space for entertainment and relaxation. Enjoy mountain living from three large rear decks, two boasting their own hot tub for ultimate relaxation and enjoyment of the breathtaking scenery. Less than a mile from the Chalet Village Owner's Club's community amenities including a clubhouse, swimming pools, and tennis courts, this property's location and features make it a standout choice. Some special features include composite decking, metal handrails, commercial internet rack system with eight access points and firewall, installed transfer switch for backup electric generator, each floor has its own separate HVAC, two tankless hot water systems, and both half baths feature slate flooring. This is an extraordinary opportunity to own a magnificent, new construction in sought after Chalet Village North. Plan your visit today and experience the luxury of mountain living before it's gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017