22
Map
732 Shady Gap Way
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 15, 2023 | Sold | ||
| Sold | |||
| Mar 11, 2022 | Listed by Century 21 MVP | $779,990 | |
| Listed by Century 21 MVP | |||
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Rustic mountain cabin sitting on 24 gated acres. Tired of the daily grind? Feeling burned out? Why not have your own private escape tucked high within the East Tennessee mountains? Spectacular mountain views, turn it into a short term rental, or move right in and start living the simple life. Located close to Gatlinburg, Pigeon Forge and the Great Smoky Mountains National Park, this natural setting is perfect for getting away from it all but still close to all the fun! This is your chance to own a 24-acre, gated retreat in Sevier County with plenty of elbow room. If you want a "million-dollar view" well here it is! This authentic log home boasts other features like the hot tub built into the deck and overlooking a picturesque mountain range, detached garage/workshop/storage and a massive swim/spa inside the house! Spa will need a pump and filter. Master bath includes a whirlpool tub and a huge shower with glass walls and double shower heads! Comes with a covered RV shelter on a concrete pad for your camper or add picnic tables and make it a pavilion for family reunions or target shooting! HVAC system has been recently inspected and upgraded. This cabin is private and has a security system as well. Listing includes Lots 24,25 and 27 along with cabin all being sold together. No rental history. Approved for TWO- 4-bedroom septic systems with one already in place. This is a one-of-a-kind property is perfect for hunters, shooters, and lovers of solitude. When you need to unplug and unwind, this is the mountain escape for you!
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| Sep 23, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by Your Home Sold Guaranteed Realty | $521,999 | |
| Listed by Your Home Sold Guaranteed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017