41
Map
199 Pear Tree Way
About This Property
Wake up to sweeping East Tennessee mountain views from the covered front porch of this private cabin-style retreat on 12.71 acres in Del Rio, Tennessee. Surrounded by mature hardwoods, rolling mountain terrain, and abundant wildlife, this property delivers the privacy and scenery buyers come to East Tennessee looking for--without giving up high-speed fiber internet. The home offers approximately 1,680 square feet of finished living space, plus an additional 840 square feet of unfinished basement space with excellent potential for storage, a workshop, recreation space, or future expansion. Inside, the flexible floor plan includes three rooms upstairs with a full bath and an additional main-level room with a full bath. The main living area features a gas-log fireplace, creating the warm mountain-cabin atmosphere that fits this setting perfectly. The unfinished basement adds even more versatility and includes a wood-burning stove for supplemental heat and rustic character. Outdoor living is one of the property's strongest features. Two covered porches provide multiple places to relax, entertain, watch wildlife, and take in the surrounding mountain landscape. The covered front porch is the centerpiece--a natural gathering place for morning coffee, quiet evenings, and long-range mountain views. For buyers who want privacy but still need connectivity, high-speed fiber internet makes this property particularly appealing for remote work, streaming, a mountain getaway, or potential short-term-rental use, subject to applicable regulations and restrictions. The 12.71-acre setting offers room to explore, hunt, hike, enjoy wildlife, or simply maintain the privacy that is becoming increasingly difficult to find. Located in Del Rio, the property provides access to the outdoor lifestyle of East Tennessee and Western North Carolina.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$443,500
↓ $500
(0.1%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$444,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$449,000
↓ $46K
(9.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Country Living Realty | $495,000 | |
| Listed by Country Living Realty | |||
| Sep 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017