1837 Laurel Valley 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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Century 21 MVP | $398,000 | |
| Listed by Century 21 MVP | |||
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2br 2 bath cabin tucked away on 3 private acres 10 min from Great Smoky Mountains National Park. GUEST FAVORITE on Airbnb with 5 star reviews. STR PERMIT ON FILE. This charming cabin offers the perfect blend of seclusion and convenience with ample level parking and a setting set back from the neighborhood road. The comfortable floor plan features a bright living room with a wood-burning fireplace and dramatic wall of glass, a spacious kitchen with dining area, and a dining table that converts to bumper pool for added fun. The main level includes a KING SIZE bedroom with a wall of glass and direct access to the back deck, plus a full bath, while upstairs offers a second bedroom/open loft with four twin beds and an additional full bath for extra guests. Outdoor living shines with a main-level back deck ideal for dinners and enjoying seasonal winter mountain views, plus an upper deck perfect for stargazing or sunbathing, with room around the property to add amenities such as a firepit. Owners have completed extensive updates including new vinyl flooring on the main level, new carpet in bedrooms, remodeled bathrooms, fresh interior paint and newly stained exterior and decks, upgraded plumbing from PVC to PEX, sediment filter installed for the well (recently disinfected), new HVAC ducting, new master deck door, hot tub shutoff panel installed (ready for hook-up), repaired chimney roofing, new gutter guards, all new toilets, linked smoke detectors, LED lighting and fire extinguishers, plus hardwired high-speed WiFi and keyless entry. Sold fully furnished and offered AS IS.
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| May 30, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Century 21 MVP | $310,000 | |
| Listed by Century 21 MVP | |||
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Incredible value opportunity to own this property in the Smoky Mountains! Come make it yours with a little elbow grease or a special remodel! The possibilities are endless with this versatile retreat! Fabulous location right at the at the entrance of Wears Valley sitting on nearly 3 acres of national park like setting. This property will be ''sold as-is where is''. Virtual staging and de-cluttering has been used so show some possibilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017