17
Map
1721 Summit View 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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Listed by Real Broker | $799,900 | |
| Listed by Real Broker | |||
| | |||
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Discover this beautiful, fully furnished, turn-key 4-bedroom, 3-bathroom mountain view cabin in the desirable Covered Bridge Resort of Pigeon Forge. With 156 reviews averaging 4.94 stars and $105,584.20 grossed in 2024 and $43,423 on the books for 2025, this property is both a serene retreat and a proven income-generating investment. Perfectly located with easy access to Dollywood, downtown Pigeon Forge, Gatlinburg, and the Great Smoky Mountain National Park, this cabin offers rustic charm with modern comforts. The 3 spacious floors feature vaulted ceilings, large windows that fill the home with natural light, and gorgeous mountain views. The open-concept living area seamlessly connects the kitchen, dining, and living spaces, making it perfect for gatherings. Inside, you'll find knotty pine accents, exposed beams, and cozy leather furnishings. The layout includes a luxurious king suite with a soaker tub and electric fireplace, a kid-friendly bunk room, and a game room with pool and arcade basketball. There's even a loft area for extra sleeping space, offering versatility for families or groups. The fully equipped kitchen boasts stainless steel appliances, ample counter space, and everything you need for effortless meal prep. This cabin has been meticulously maintained, with a new roof added in 2023, ensuring peace of mind and long-term durability. After a day of exploring the Smokies, unwind on the large deck with Adirondack chairs, fire up the grill, or soak in the private hot tub while taking in the scenic valley and mountain views. The community also offers a seasonal pool for added relaxation. This cabin is fully equipped with SMART TVs in all bedrooms, high-speed Wi-Fi, and parking for three cars. Whether you're looking for a personal getaway or a high-performing rental, this turn-key property is ready to impress.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 16, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017