1023 Elm Circle
About This Property
**Key Features:**
**Prime Location:** Enjoy the best of both worlds with this cabin's serene setting, while being conveniently close to the entertainment, shopping, and dining options in Gatlinburg and Pigeon Forge. Whether you're seeking thrilling adventures at Dollywood or a peaceful hike in the Great Smoky Mountains, you'll find it all within easy reach.
**Cozy Living Spaces:** Step inside to discover a warm and inviting interior, featuring a spacious living room with a charming fireplace. The open-concept design seamlessly connects the living area to a well-appointed kitchen, making it ideal for entertaining and creating lasting memories.
**Comfortable Bedrooms:** The cabin boasts two comfortable bedrooms, each thoughtfully furnished to provide a restful retreat with serene views from your bedroom window.
**Relaxing Hot Tub:** After a day of exploring the local attractions, unwind in the private hot tub. This is the perfect spot to melt away stress and rejuvenate your senses.
**Great Rental Potential:** With its prime location and desirable amenities, this cabin is a fantastic investment opportunity. Whether you're looking to use it as a vacation home or capitalize on the thriving rental market in the area, this property offers excellent potential for generating rental income.
**Additional Features:**
- Spacious deck for outdoor relaxation
- Fully equipped kitchen with modern appliances
- Cozy fireplace for those chilly nights
- Convenient access to local attractions and outdoor activities
- Quiet and peaceful neighborhood
Don't miss out on the chance to own this charming cabin in Sevierville, TN.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by eXp Realty | $499,900 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017