861 Dry Valley 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 |
|---|---|---|---|
| Jan 13, 2023 | Sold | ||
| Sold | |||
| Dec 15, 2022 | Listed by eXp Realty | $489,000 | |
| Listed by eXp Realty | |||
| Aug 31, 2021 | No longer available | - | |
| No longer available | |||
| Aug 27, 2021 | Price Decreased |
$446,900
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Aug 4, 2021 | Listed by Prime Mountain Properties LLC Kodak | $449,900 | |
| Listed by Prime Mountain Properties LLC Kodak | |||
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CUTE AS A BUGS EAR LOG CABIN on .55 acre in the foothills of the GREAT SMOKY MOUNTAINS NATIONAL PARK! Updated Cabin with recently new kitchen, paints, a wrap around porch partially screened in, with recent new Flooring, HVAC, electrical panels, PLUS AN AMAZING 2 STORY WORKSHOP building with RV PARKING and full hookups for water, septic and power! Enjoy views of Rich Mountain and and is very convenient to cades cove, Tuckaleechee Caverns and all of the AMAZING FUN OF THE GREAT SMOKY MOUNTAINS AREA around Gatlinburg and Pigeon Forge just a short drive away. Sellers have put this together for an outstanding short term rental property that is projected to make 40 to 50K+- annually! Enjoy nights under the stars sitting around the fire pit and enjoying the fresh air! Let's GET STARTED ON YOUR DREAMS WITH THIS CUTE COUNTRY PLACE NOW! The manager has listed the unit size as 1220 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017