2029 Mountain Spring 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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Relisted | $214,900 | |
| Relisted | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by eXp Realty | $214,900 | |
| Listed by eXp Realty | |||
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Smoky Mountain charm meets investment potential! This beautifully updated 2BR/2BA cabin-style mobile home is set up to be a thriving short-term rental — and it's packed with thoughtful details your guests (or you!) will love. From the modern electric fireplace to the gorgeous hammered copper farmhouse sink, every corner feels special. The split-bedroom layout offers privacy, while the open-concept kitchen features a center island, breakfast bar, and a dining area perfect for gathering. French doors lead to a covered side porch with a hot tub — your own relaxing retreat after a day in the Smokies. You'll also love the spacious full baths, including a walk-in shower in the primary and a tub/shower combo in the second. Wrapped in cedar siding and tucked on .8 acre, this home has that cozy cabin feel with plenty of yard space, a large covered front porch, and ramp access for easy entry. This home is on a permanent foundation. All just minutes from both Pigeon Forge and Gatlinburg, yet private and peaceful. Turn-key, likely income-producing, and full of personality — your Smoky Mountain dream getaway is calling. Will you answer?
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017