1828 Billard Way
About This Property
This charming 3-bedroom, 3-bath log cabin, nestled in the heart of Pigeon Forge, offers breathtaking mountain and city views along with views of Dollywood's fireworks! An array of amenities wrapped in a authentic log cabin combined to produce $81,505 in gross income in 2023. As you step inside, the warmth of the main floor invites you to unwind and relax. The living room, adorned with a cozy stone fireplace, provides the perfect setting for quality moments with loved ones. The adjacent kitchen is fully equipped and boasts scenic mountain vistas. Journey upstairs to discover a world of entertainment with a pool table and an assortment of games, creating a haven of fun for all ages. Here, you'll also find another beautifully appointed bedroom. The lower level of the cabin unveils the third bedroom, alongside a theater room, offering the ultimate in-home cinematic experience. It's the perfect spot to gather and enjoy your favorite films after a day of exploring the Smoky Mountains! Step outside onto one of the two decks and let the serene mountain views take your breath away. Whether you're sipping your morning coffee or stargazing in the evening, these outdoor spaces provide a tranquil backdrop for every moment. With its prime location in Pigeon Forge, this cabin ensures you are just moments away from the best the area has to offer, yet secluded enough to enjoy peace and privacy. Many updates have been done, including new HVAC in 2019, new roof in 2021, new water heater and TVs in 2023. Don't miss the opportunity to make lasting memories in this enchanting mountain retreat! Tax information, square footage, and legal description taken from tax records. Buyer/Buyers Agent should should do their own due diligence and verify all information independently, including HOA information and square footage.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Century 21 Legacy | $783,000 | |
| Listed by Century 21 Legacy | |||
| Mar 30, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by United Real Estate Solutions | $574,000 | |
| Listed by United Real Estate Solutions | |||
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Wonderful 3 bedrooms and 3 bath log cabin located in Pigeon Forge with a great view! The main floor has the living room, kitchen with a view of the mountain off the deck. The stone fireplace in the corner makes it cozy. The upstairs has a pool table and games with another bedroom. Downstairs has the 3rd bedroom with a theater room.
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| Jul 20, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017