759 Ridgefield 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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by Century 21 MVP | $369,000 | |
| Listed by Century 21 MVP | |||
| Feb 26, 2024 | Listed by Tennessee Elite Realty | $524,900 | |
| Listed by Tennessee Elite Realty | |||
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INVESTORS! ALL ONE LEVEL FULLY FURNISHED 3BR/2BA CABIN WITH HUGE GAMEROOM, BUNK AREA, TWO SCREENED PORCH AREAS, OPEN DECK WITH HOT TUB, AND LOCATED BETWEEN PIGEON FORGE AND GATLINBURG! AMAZING SHORT TERM RENTAL OPPORTUNITY. PROJECTED GROSS INCOME FOR 2024 IS 65K! Interior features include tongue and groove walls and ceilings, wood flooring, fully equipped kitchen with dining area, living room with a cozy stone accented gas fireplace, and more! Master Suite with en suite bathroom and its own private deck. The additional bedrooms are spacious. Huge gameroom with pool table, bunk area, bar area, and entertainment. Expansive decking and with screened in area and a screened in front porch. Walk-in laundry room. Storage shed. Lots of nice outdoor space to enjoy! Nice lot with plenty of parking. Must see! ***CHECK OUT THE WALK THROUGH VIDEO***
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 21, 2020 | In contract | - | |
| In contract | |||
| Apr 7, 2020 | Price Decreased |
$214,900
↓ $10K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017