907 Present Way
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 |
|---|---|---|---|
| Feb 12, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by Your Home Sold Guaranteed Realty | $639,999 | |
| Listed by Your Home Sold Guaranteed Realty | |||
| Apr 27, 2024 | Listed by Mountain Home Realty | $724,900 | |
| Listed by Mountain Home Realty | |||
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This Beautiful Smoky Mountain Lakefront Home Retreat on Douglas Lake is a must see! This property has so much to offer. This lakefront retreat has 2 bonus rooms that can sleep up to 8 people. That has decks on both levels where you can watch the sun set on the water. There is plenty of parking. The property owner currently does overnight rentals with Incoming generating property under market value with 70% occupancy for past 3 years. If you are looking for a fulltime lake house this would also make a wonderful home. This property is conveniently located within 30 minutes to all the area Attractions that the Smoky Mountains has to offer. Feel free to call or text for any information regarding this beautiful property. Drone Picture was used in this listing.
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| Sep 22, 2023 | Listed by Mountain Home Realty | $799,000 | |
| Listed by Mountain Home Realty | |||
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This beautiful Smoky Mountain Lakefront Home on Douglas Lake is a must see! This property has so much to offer. The tiny house sits adjacent to the main house with beautiful views of the lake and has just enough space for any couple desiring a peaceful getaway in The Smoky Mountains. The main house has a deck on both levels where you can watch the sun set on the water. There is plenty of parking at both the main house and the tiny house for your guests. Both the main house and the tiny house come furnished. The property owner currently does overnight rentals on this property, and in 2022 the main lakefront retreat did 57k and the tiny house did 29k. If you are looking for a fulltime lake house this would also make a wonderful home. This property is conveniently located within 30 minutes to all the area Attractions that the Smoky Mountains has to offer. Fell free to call or text for any information regarding this beautiful property. Drone Picture were used in this listing.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017