47
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97 Walter McNeely 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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by Keller Williams Great Smokies | $319,900 | |
| Listed by Keller Williams Great Smokies | |||
| Dec 29, 2023 | No longer available | - | |
| No longer available | |||
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Nov 28, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Listed by Silver Creek Real Estate Group | $289,000 | |
| Listed by Silver Creek Real Estate Group | |||
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What a gem in the heart of Sapphire! If you want to be in the mountains, the beautiful winter view of this starter home will invite you. The two-bedroom, one-bathroom floor plan feels roomy with its large, living room, dining area, and kitchen that flow together. The property has been thoughtfully updated throughout, with a new HVAC system, modern appliances, new countertops, and fresh flooring. A new septic system was added in 2020, new gutters in 2021, and a new additional water filtration system. The walk-in crawl space and separate workshop provide additional storage. Rural living is still convenient, with the Whiteside Community Center, Ace Hardware, Jim's Place at Sapphire Country Store, and several restaurants close to home. Outdoor enthusiasts will enjoy the proximity to Gorges State Park, Whitewater Falls, numerous hiking trails, horseback riding, and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017