40
Map
660 Forest 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%.
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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 |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | Listed by Prime Mountain Properties | $899,900 | |
| Listed by Prime Mountain Properties | |||
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WHAT A GREAT FIND ON THIS BEAUTIFUL CUSTOM DESIGNED. 3BR/3BA TURNKEY CABIN, LOCATED DIRECTLY OFF TEASTER LN, IN THE HEART OF PIGEON FORGE!! RENTAL PROJECTION OF $90K PLUS FOR 2023!! This highly sought after location is well within walking distance to LeConte Center, The Old Mill, "The Island in Pigeon Forge. and 1.8 miles from Dollywood's Theme Park & Splash Country. This pristine and meticulously well kept cabin has always been used a second home and for friends & family, but would perform exceptionally well on an overnight rental program. The picturesque landscaping offers plenty of privacy and a low maintenance park-like setting with a custom designed garden pond with waterfall, The interior is perfectly laid out and professionally decorated offering an authentic and luxurious Smoky Mountain cabin experience. Some of the many features include a fully equipped kitchen with custom cabinetry, custom built & hand crafted log furniture throughout, 3 stacked stone gas log fireplaces that offer a cozy atmosphere, gleaming hardwood flooring throughout the main living area, all tongue & groove walls and ceilings, home security system, an over abundance of storage space throughout, and so much more... This is a definite must see cabin for the savvy investors looking for a turn-key rental cabin with an impressive rental income potential, or, second/vacation home buyers looking for a quality built and well cared for cabin. All city utilities including natural gas, utility water/sewer, and just a stones throw away from all the exciting venues Pigeon Forge/Gatlinburg/Sevierville have to offer! No HOA!! Cabin re-stained with Sikkens 3 step process in 2022, HVAC replaced 2021.
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| May 7, 2022 | Listed by Prime Mountain Properties | $885,000 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017