$659,000
●
House -
Off Market
1508 Chipmunk Way
Sevierville, TN 37862
8 Beds
7 Baths
3,726 Ft²
$1,030,914
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
***GROSS RENTAL $139,760 in 2016*** With Over 3 levels of Living
Space, 8 Bedrooms, and plenty of Recreation Room that should say it
all but then throw in an Amazing Location, Area Amenities, Plenty
of Parking, an Elevator, and a Terrific View now we're cooking with
Gas! That's a lot to say and there is a lot about this property to
talk about. Located in Hidden Springs resort less than a mile to
Dollywood in Pigeon Forge, this property has a ton of things going
for it including a great rental history. Also with a new contract
in the works for an even better return through a first year
guarantee to exceed current numbers you got a Big Winner Here! With
Catering to large groups in mind this cabin even has 2
Refrigerators and a Large Game room equipped with Pool Table, Card
Table, Air Hockey Table, and a Flat Screen to Catch Live Games with
your Favorite Fans, you can't beat this property for Entertaining.
Make an Appointment to view this Big Time Listing Today!
Unit Size
3,726 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
2005
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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: 3 months ago (Realtracs #RTC3292246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2022 | Listed by Century 21 MVP | $1,429,900 | |
| Listed by Century 21 MVP | |||
   | |||
|
GROSS RENTAL INCOME of $165,023.47 in 2022. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKING, NO CRAZY MOUNTAIN ROADS TO GET TO CABIN, LEVEL PARKING. Community water and sewer systems.
| |||
| Jun 2, 2022 | Listed by Century 21 MVP | $1,599,900 | |
| Listed by Century 21 MVP | |||
   | |||
|
GROSS RENTAL INCOME of $161,537 in 2021. This 8 BEDROOM 7 BATH CABIN SLEEPS 25. IDEAL LOCATION FOR LARGE GROUP RENTALS - cabin is located in beautiful Hidden Springs resort located next to Dollywood and Splash Country, minutes from Rocky Top Mountain Coaster, and downtown Pigeon Forge. Resort offers an INDOOR POOL. When you walk into the cabin, you are greeted with by a kitchen on your left and a HUGE open living space with gleaming hardwood floors throughout, cozy stone fireplace, 2 LARGE DINING TABLES, and spacious living room. Cabin offers 2 GAME ROOMS. Recreation room on middle level features a huge game room with pool table, air-hockey table, foosball table and flat screen TV. Game room on third level offers another pool table, card table and a flat screen tv. 3 huge back decks to relax in the rocking chairs or soak in 2 hot tubs while taking in the wooded view. 6 KING SIZE BEDROOMS, 1 SPACIOUS BEDROOM WITH 2 QUEEN SIZE BEDS, 1 SPACIOUS BEDROOM WITH BUNK BEDS. AMPLE LEVEL PARKING, NO CRAZY MOUNTAIN ROADS TO GET TO CABIN, LEVEL PARKING. Community water and sewer systems.
| |||
| Nov 30, 2017 | Sold | ||
| Sold | |||
| Oct 6, 2017 | Listed by Century 21 MVP | $649,900 | |
| Listed by Century 21 MVP | |||
Property Highlights
Elevator
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sevier
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Listed by: Irena McCoy, Century 21 MVP
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3292246
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3292246
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
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Brokerage email: [email protected]
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