1511 Firefly Trl Way
About This Property
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2024 | Listed by Prime Mountain Properties | $1,150,000 | |
| Listed by Prime Mountain Properties | |||
| |||
|
This 4-bedroom, 4-bathroom cabin with 2 additional half bathrooms is a standout investment opportunity in the sought-after Black Bear Ridge Resort, located less than 10 minutes from the heart of Pigeon Forge. At just 4 years old, this cabin offers modern construction, exceptional amenities, and an aggressive price point compared to comparable properties in the area, making it an excellent addition to any short-term rental portfolio.
The main level features a spacious kitchen with ample cabinet storage, granite countertops, stainless steel appliances, and an eat-in dining area, making it perfect for hosting groups. The living room, also on this level, boasts a wall of glass along the back, framing breathtaking mountain views that guests will love.
The upper level includes four bedrooms, each with en suite bathrooms, providing privacy and convenience for all guests. The cabin is furnished with beautiful aspen log furniture throughout, adding to its rustic charm and appeal.
The lower level is designed for entertainment and relaxation, featuring a game room with multiple gaming systems to accommodate large groups and a spacious pool room that sets this property apart. Unlike many cabins, the pool room is bright and airy, with plenty of daylight from its wall of glass, showcasing incredible mountain views. This large, well-lit space includes a full-sized pool and ample deck space for lounging and socializing. Guests can also step out onto the lower-level deck to enjoy the stunning views and fresh mountain air.
Both decks offer exceptional views, creating outdoor spaces guests will return to year after year. The property is already a strong rental performer, consistently generating impressive revenue compared to other 4-bedroom pool cabins in the market.
Whether you're looking for a turn-key investment property or a mountain retreat with excellent income potential, this cabin delivers the space, amenities, and location to maximize both guest satisfaction an
| |||
| Feb 17, 2021 | Sold | ||
| Sold | |||
| Dec 26, 2020 | Listed by Tennessee Elite Realty | $989,000 | |
| Listed by Tennessee Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017