1040 Loop Rd
About This Property
3-bathrooms on 16 acres of unrestricted land in Sevierville, TN-an ideal escape for personal use or as a prime short-term rental investment. Located in the scenic and historic Boyds Creek area, this property offers incredible opportunities, including the potential for tiny homes & more allowing you to maximize your investment.
Recent updates include luxury LVP flooring, a freshly cleaned exterior and roof, and a new HVAC system with a 10-year warranty. The home has undergone several plumbing upgrades as well. New back porch, as well as new steps out front. Inside, fresh paint provides a clean slate for your customization, and the main level boasts 3 flexible bedrooms. New stainless-steel appliances add a modern touch. The home also offers ample storage, lofted spaces, and a 6-bay dog kennel with additional storage space.
This property offers stunning views of Bluff Mountain and Thunderhead Mountain and is perfectly situated just 10 miles from Douglas Lake's boat launch, 5 miles from Soaky Mountain Waterpark, and 7.5 miles from the heart of downtown Sevierville, including the famous Dolly Parton statue and a newly revitalized historic district filled with shopping and dining.
With endless potential and an unbeatable location, this property is a must-see! Don't miss the opportunity to own a piece of Sevierville's charm and explore the possibilities of mountain living.
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2024 | Listed by eXp Realty, LLC | $399,999 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017