819 Rainbow Road
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 |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 6, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by Keller Williams Smoky Mountain | $289,000 | |
| Listed by Keller Williams Smoky Mountain | |||
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Discover the perfect canvas for your dream home on this beautiful 3-acre parcel just outside the city limits of Sevierville, TN. Ideally located with quick, convenient access to both Sevierville and Pigeon Forge, this property offers the best of both worlds—close to town yet tucked away with a peaceful, country feel. The land features a gently rolling to mostly level landscape with stunning mountain views, making it an ideal setting for your custom-built home, mini farm, or private retreat. With no known restrictions, city water available, and ample space to create exactly what you envision, the possibilities are endless. Please note: the existing mobile home will be removed and does not convey. Don't miss this rare opportunity to own usable acreage in one of East Tennessee's most desirable areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017