9 Blowing Cave 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%.
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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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Jul 27, 2022 | Listed by Century 21 MVP | $24,900 | |
| Listed by Century 21 MVP | |||
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Lot 9a Baker Way is a 1 acre lot on the ‘easily accessible side' of English Mountain. Land is on Blowing Cave rd just 2 miles off of Hwy 411. Ready to be developed for your mountain side vacation home, or investment rental cabin. English mountain area offers mountain seclusion without being too far from all the action of Pigeon Forge & Gatlinburg. Just 30 min from Pigeon Forge, 35 min to Gatlinburg, 10 min from I-40 (without going through any of the heavily trafficked roads); 10 min from Douglas lake, one of the best lakes in the South, boasting a national Bass tournament, marinas and restaurants. There are 2 adjacent parcels also being offered for sale: 18 acre tract fronts on Baker way and Blowing Cave rd ( MLS 253120) ; also Lots 10a & 11a being offered together are ~1.36 acres fronting on Blowing Cave way ( (MLS 253121).
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| Sep 28, 2020 | Listed by East Tennessee Realty Group, LLC | $34,900 | |
| Listed by East Tennessee Realty Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017