733 SKI VIEW Lane
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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | Listed by Prime Mountain Properties | $599,900 | |
| Listed by Prime Mountain Properties | |||
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This very well-maintained true log cabin is conveniently located between Gatlinburg and the heart of Pigeon Forge in a desirable resort community. Just minutes to Dollywood, National Park and all the entertainment and amenities of the area. This cabin comes fully furnished and turn-key ready, not to mention doing VERY well on the overnight rental program grossing over $89,000 in rental income. Stack able washer and dryer. With newer appliances, countertops, bathroom vanities, fixtures and beautiful flooring and kitchen cabinets both made of hickory hardwood, this cabin is a must see!!!
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| Mar 15, 2019 | No longer available | - | |
| No longer available | |||
| Feb 21, 2019 | Price Decreased |
$219,900
↓ $39K
(15.1%) | |
| Price Decreased | |||
| Dec 19, 2018 | Listed | $259,000 | |
| Listed | |||
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For more information, contact Kim Goode at (865) 446-0126. Visit http://www.crye-leike.com/smokymountains/219759 to view more pictures of this property. Great location between Pigeon Forge & Gatlinburg in Sky Harbor. Log cabin w/ mountain view, wood burning FP, wood walls and ceilings, 2 baths, master bedroom on the first floor, wrap around covered deck, & new hot tub. The extra room upstairs is used as a rec room and has a pool table and the 2nd bathroom. It could easily be used as a second sleeping area. 2017 rentals were $33,134 but it was not placed on the rental program until April. 2018 rentals YTD are $40,289. The manager has listed the unit size as 1104 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017