1637 Ridgecrest Drive
About This Property
MIND BLOWING 280+ REVIEWS with a RATING OF 4.9+ ! ! !
Classic 1BR honeymooner cabin that has been proven time & time again to be a consistent moneymaker here in the Smokies! The Seller has done a superb job of setting up a winning team as their local boots on the ground and is willing to handover their contacts to the Buyer if requested.
The cabin itself is one level with an open concept design but has private bedroom quarters. The property has a large covered and SCREENED DECK has been screened and has a private hot tub area as well.
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations if requested so the future owner can have reservations already in place on closing day.
Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar.
Buyer also has the option to RELICENSE the STR PHOTOS at a lower cost if the Buyer wishes.
New HVAC installed in 2022 and comes with a 10 year parts warranty from the manufacturer.
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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 8, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Listed by eXp Realty, LLC 7720 | $415,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| | |||
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2024 GROSS RENTAL @ $58,525.80 ! ! !
MIND BLOWING 280+ REVIEWS with a RATING OF 4.9+ ! ! !
Classic 1BR honeymooner cabin that has been proven time & time again to be a consistent moneymaker here in the Smokies! The Seller has done a superb job of setting up a winning team as their local boots on the ground and is willing to handover their contacts to the Buyer if requested.
The cabin itself is one level with an open concept design but has private bedroom quarters. The property has a large covered and SCREENED DECK has been screened and has a private hot tub area as well.
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations if requested so the future owner can have reservations already in place on closing day.
Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar.
Buyer also has the option to RELICENSE the STR PHOTOS at a lower cost if the Buyer wishes.
New HVAC installed in 2022 and comes with a 10 year parts warranty from the manufacturer.
| |||
| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
| Sep 1, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017