1716 Ridgecrest 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 |
|---|---|---|---|
| Jun 4, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Mar 6, 2026 | Listed by eXp Realty, LLC 7720 | $400,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Jan 19, 2024 | Listed by eXp Realty | $439,999 | |
| Listed by eXp Realty | |||
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2023 Income was $72k!!! Cozy 1 BR/1BA log cabin located approximately 5 minutes from the Parkway in the heart of Pigeon Forge. Mountain Ridge is a charming cabin with a large screened in patio out back with a hot tub, a deck and fire pit in the front, granite countertops, real hardwood floors, and jetted tub located on a private wooded lot. The vaulted all wood ceilings and a stone gas fireplace with an open concept make this cabin inviting and comfortable for your getaway. This cabin comes 100% turn-key ready for your own vacation getaway or an income-producing rental program. All paved roads access to the cabin with ample parking and No HOA fees! Currently self managed.
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| Jul 10, 2023 | Listed by eXp Realty | $444,999 | |
| Listed by eXp Realty | |||
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Cozy 1 BR/1BA log cabin located approximately 5 minutes from the Parkway in the heart of Pigeon Forge. Mountain Ridge is a charming cabin with a large screened in patio out back with a hot tub, a deck and fire pit in the front, granite countertops, real hardwood floors, and jetted tub located on a private wooded lot. The vaulted all wood ceilings and a stone gas fireplace with an open concept make this cabin inviting and comfortable for your getaway. This cabin comes 100% turn-key ready for your own vacation getaway or an income-producing rental program. All paved roads access to the cabin with ample parking and No HOA fees! Currently self managed and on track to gross over $60k
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| Aug 8, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017