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1671 Mountain Lodge Way
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2024 | Listed by eXp Realty | $619,000 | |
| Listed by eXp Realty | |||
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This beautifully maintained cabin is perfect for your next Smoky Mountain Short Term Rental or second home! This 2 Bedroom 2 Bathroom with extra loft area log cabin is located in the desired Covered Bridge Resort just minutes to the Parkway in Pigeon Forge, Gatlinburg and Wears Valley.
This cabin is on a great lot! You can enjoy your MOUNTAIN VIEWS from your new hot tub with total privacy. The comfort and ease of location, flat county roads, and convenient parking make this one really special. No well water here- this property has municipal water.
With a strong cash flow potential, this cabin is an investor's dream, proven to perform well as a short-term rental. When the owners are not using the cabin they rent it out. Rated 4.9 Stars on Airbnb. This cabin grossed $58k in 2023 at a 53% occupancy.
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by Century 21 MVP | $675,000 | |
| Listed by Century 21 MVP | |||
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You will love this 2 BEDROOM 2 BATH LOG CABIN WITH WINTER VIEWS OF BLUFF MOUNTAIN minutes from downtown Pigeon Forge. This well maintained cabin is nestled in the desired Covered Bridge Resort. When you walk into the cabin, you are greeted with by an bright and open living space with gleaming hardwood floors throughout, stainless appliances in the kitchen. Walk out the back door to relax in the rocking chairs or soak in the hot tub while taking in the view. On the first level, you will find a KING size master suite with beautiful exposed beams, jetted tub and private bathroom. Upstairs there is spacious bedroom featuring a second KING SIZE master suite and an airy loft with games and mountain views. ALL FURNISHINGS CONVEY AS CONVENIENCE TO SELLER. Minutes from Pigeon Forge, Dollywood, and all the attractions the area has to offer. No crazy mountain roads, easy to get to. Public utilities. Owners love making family memories in their mountain home and keep it well maintained: NEW WATER HEATER, FRONT DECK AND STAIR BOARDS, WASHER/DRYER, TOILETS, 3 OUT OF 4 TVS, HOT TUB COVER, MATRESSES, DOWNSTAIRS BEDROOM SUITE. When owners are not using the cabin they rent it on Airbnb - cabin grossed $60,294 March 2021-February 2022.
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| Aug 15, 2022 | Listed by Century 21 MVP | $689,000 | |
| Listed by Century 21 MVP | |||
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You will love this 2 BEDROOM 2 BATH LOG CABIN WITH WINTER VIEWS OF BLUFF MOUNTAIN minutes from downtown Pigeon Forge. This well maintained cabin is nestled in the desired Covered Bridge Resort. When you walk into the cabin, you are greeted with by an bright and open living space with gleaming hardwood floors throughout, stainless appliances in the kitchen. Walk out the back door to relax in the rocking chairs or soak in the hot tub while taking in the view. On the first level, you will find a KING size master suite with beautiful exposed beams, jetted tub and private bathroom. Upstairs there is spacious bedroom featuring a second KING SIZE master suite and an airy loft with games and mountain views. ALL FURNISHINGS CONVEY AS CONVENIENCE TO SELLER. Minutes from Pigeon Forge, Dollywood, and all the attractions the area has to offer. No crazy mountain roads, easy to get to. Public utilities. Owners love making family memories in their mountain home and keep it well maintained: NEW WATER HEATER, FRONT DECK AND STAIR BOARDS, WASHER/DRYER, TOILETS, 3 OUT OF 4 TVS, HOT TUB COVER, MATRESSES, DOWNSTAIRS BEDROOM SUITE. When owners are not using the cabin they rent it on Airbnb - cabin grossed $60,294 March 2021-February 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017