105 Johnson Hollow Lane
About This Property
The cabin is approximately half completed, giving the next owner the chance to personalize the finish work and design. The oversized garage and workshop on the lower level provide plenty of space for vehicles, tools, or hobbies. With the heavy lifting already done, this is an exceptional value for anyone looking to complete their dream cabin at a fraction of new construction cost. There is a septic permit for a 2 bedroom home on file and all building materials will stay for the new owner!
The property is conveniently located near excellent fishing on the Nolichucky River and Davy Crockett Lake, as well as hiking trails and outdoor attractions in the nearby Cherokee National Forest. Whether you envision a weekend getaway, hunting cabin, or full-time private retreat, this acreage offers the perfect canvas to create something truly special.
Seller makes NO WARRANTIES about the cabin, permitting or condition. The square footage is only a guess and should be verified by Buyer. Cabin is sold as-is, where is and will not be cleaned out prior to closing nor will any landscape be completed.
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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 |
|---|---|---|---|
| Oct 30, 2026 | In contract | - | |
| In contract | |||
| Sep 7, 2026 | Relisted | $150,000 | |
| Relisted | |||
| Apr 17, 2026 | Listed by Wallace | $150,000 | |
| Listed by Wallace | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017