$499,900
●
House -
For Sale
124 Cutter Gap Rd
Townsend, TN 37882
2 Beds
2 Baths
1,299 Ft²
$2,644
Est. Monthly
$92
HOA / Fees
About This Property
Here's your golden opportunity to own a beautiful log cabin in the
desirable golf community of Laurel Valley. Home has been
meticulously maintained and can be that perfect mountain getaway or
a lucrative investment property. With two bedrooms plus a loft area
for extra guests, you'll have plenty of room. In addition to an 18
hole golf course, Laurel Valley amenities include a swimming pool
and clubhouse with a restaurant. Relax by the stacked stone
woodburning fireplace and wrap yourself in the warm, cozy cabin
experience. Minutes to the Great Smoky Mountain National Park and
convenient to Maryville, the airport and Pigeon Forge. The rich
furnishings can convey with an acceptable offer for a turn-key
transaction.
Unit Size
1,299 Ft²
Days on Market
77 days
Land Size
0.37 acres
Price per sqft
$385
Property Type
House
Property Taxes
$97
HOA Dues
$92
Year Built
1995
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Realtracs #RTC3510805)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Listed by CENTURY 21 Legacy | $499,900 | |
| Listed by CENTURY 21 Legacy | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Speed Internet, Kitchen Island
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Wood
Laundry Features: Washer Hookup, Electric Dryer Hookup
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 1299
Square Footage Source: $0
Security Features: Security Gate, Smoke Detector(s)
Architectural Style: Log
Year Built: 1995
Building Area Total: 1299
Levels: Three Or More
Building Area Units: Square Feet
Construction Materials: Frame, Log, Stone, Other
Patio and Porch Features: Deck, Porch, Covered
Lot Features: Wooded, Other, Rolling Slope
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117.2
Lot Size Dimensions: 83 X 200.21 IRR
Tax Lot: 6
Water Source: Public
Financial Details
Tax Annual Amount: $1,165
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric, Heat Pump
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Trash
HOA/Condo/Coop Amenities: Pool, Golf Course, Gated
HOA Fee: $1,100
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Blount
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Listed by: Tim Seay, CENTURY 21 Legacy
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3510805
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3510805
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Brokerage email: [email protected]
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