2034 Bales Way
About This Property
The open-concept main level features a stunning great room with cathedral ceilings, exposed beams, hand-hewn logs, and southern yellow pine hardwood flooring throughout. A gorgeous stone gas fireplace serves as the focal point of the living area, creating a warm and inviting mountain atmosphere.
The eat-in kitchen includes beautiful pine/maple cabinetry, ample counter space, and a large island with seating, perfect for gatherings. The spacious loft offers flexible use as additional sleeping space, a great room, or office area.
Enjoy outdoor living with two levels of covered decking, overlooking a very private 1.89-acre level to gently rolling wooded cul-de-sac lot. Additional features include a large storage building/workshop, in-house vacuum system, and an encapsulated crawl space for added efficiency and peace of mind.
This property is ideal as a primary residence, second home, or investment opportunity, offering privacy, rustic charm, and convenient access to all the attractions of the Smoky Mountains. Possible Owner Financing. VIRTUAL STAGING used in photos. Sold UNFURNISHED.
Come make this your home in the Smoky Mountains!!!
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Price Decreased |
$397,000
↓ $28K
(6.6%) | |
| Price Decreased | |||
| Mar 30, 2026 | Price Increased |
$425,000
↑ $28K
(7.1%) | |
| Price Increased | |||
| Jan 6, 2026 | Listed by Century 21 MVP | $397,000 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017