2103 Bluff Ridge Road
About This Property
Turnkey Modern Boho Honeymoon Cabin - Proven Income Producer with No HOA!
This 1-bedroom, 1-bathroom honeymoon cabin, built in 2023, is the perfect short-term rental investment, already self-managed and generating $60,000 annually with a 4.95 rating, it stands out as a top-performing rental in the thriving Smoky Mountain market. Ideally located less than 5 miles from the Parkway with all paved, easily accessible roads, this charming retreat sits on nearly 1 acre, balancing privacy and convenience for guests seeking a private and peaceful escape.
Designed with a modern boho flair, the cabin features cathedral ceilings, a spacious king-sized bed, and a sleeper sofa, comfortably accommodating up to 4 guests. The open-concept living area is filled with natural light, creating a cozy yet sophisticated atmosphere for couples or small families. Outside, the wrap-around covered deck offers an inviting space for drinking morning coffee while enjoying the view. The private hot tub provides the perfect spot to unwind after a long day in town. Guests can also enjoy the fire pit area, ideal for making memories under the stars.
With NO HOA fees, no rental restrictions, and a proven income history, this low-maintenance, high-return property is fully furnished and guest-ready. Rental history, income projections, and a walkthrough video are available upon request.
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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | Listed by eXp Realty | $499,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017