1634 Spruce Drive
About This Property
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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 |
|---|---|---|---|
| Sep 2, 2026 | Price Decreased |
$639,950
↓ $60K
(8.6%) | |
| Price Decreased | |||
| Jan 30, 2026 | Price Decreased |
$699,950
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Dec 3, 2025 | Listed by Hometown Realty LLC | $749,950 | |
| Listed by Hometown Realty LLC | |||
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Luxurious Updated Mountain Retreat in a Stunning and Private Setting. Nestled within a prime Sevierville location a mere 1.5 Miles to the heart of Pigeon Forge, this completely updated 4-bedroom chalet offers a seamless blend of refined elegance and functionality. A long, paved driveway surrounded by the peace and calm of nature welcomes you and your guests, offering an immediate sense of arrival and privacy. Step inside to find a dramatic vaulted great room featuring a handsome electric fireplace, where light reigns supreme thanks to numerous windows and skylights that illuminate the whole center of the home. From the understated yet stunning modern finishes to the richly appointed furnishings and decor, every element has been meticulously designed and executed. The floor plan is emphasized with entertaining and everyday living in mind, featuring an open concept that offers a little bit of everything including a comfortable living space, gaming area with ample entertainments, wet bar, laundry closet, dining room with fireplace and a kitchen equipped with stainless appliances, plenty of cabinet space and breakfast bar with pendant lighting. Two main floor bedrooms include a bunk room and primary suite with direct access to the sprawling outdoor landscape. The upper level presents two additional bedrooms, and the bathrooms across both levels are contemporary bliss. This superb home seamlessly blends indoor living with the beauty of the outdoors, offering numerous exit points to view nature's masterpiece directly, complete with large decks and numerous seating destinations including fire pit, or enjoy the therapeutic experience of the hot tub while the sights and sounds of nature lull you into a state of pure relaxation. This wheelchair accessible mountain chalet is perfectly tucked away in a peaceful and private setting yet enjoys quick and easy access to the area's best attractions and conveniences. A fantastic turnkey investment for your portfolio! Buyer to verify all information.
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| Nov 18, 2025 | Listed by Hometown Realty, LLC | $699,950 | |
| Listed by Hometown Realty, LLC | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017