2116 Cub Circle
About This Property
The 3-bedroom, 2-bath layout--with an additional bonus room--provides a flexible sleeping arrangement ideal for maximizing occupancy and nightly rates. Inside, guests will love the open-concept living area featuring a soaring cathedral ceiling, gas-log fireplace, and abundant natural light, while the gourmet kitchen with granite countertops and included appliances delivers a high-end guest experience.
Upgraded finishes such as tile bathrooms with marble-top vanities, trey ceilings, and modern lighting elevate the property above typical STR inventory. A mini-split in the bonus room ensures comfort and usability across all seasons--key for maintaining consistent bookings year-round.
Outdoor living is a major highlight, with covered front and back porches featuring low-maintenance Trex decking--perfect for guest relaxation and adding value to your listing photos and marketing. The detached garage/carport and ample parking (including RV space) accommodate larger groups, increasing booking appeal.
From an investment standpoint, the opportunity goes beyond a single income stream. With proper approvals, the level acreage and existing 20-foot easement off Green Pine Lane may allow for future subdivision and additional cabin development, creating a scalable STR portfolio on one property.
Whether you're looking for a high-performing overnight rental, a hybrid personal getaway, or a value-add development play, this Smoky Mountain property checks every box.
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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 |
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| Jan 22, 2026 | Listed by Real Broker | $795,500 | |
| Listed by Real Broker | |||
| Sep 11, 2023 | Listed by New Direction Real Estate | $1,140,000 | |
| Listed by New Direction Real Estate | |||
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Looking for a move-in-ready craftsman style home, nestled in the Smoky Mountains? This home has 3 bedrooms, 2 bathrooms & a bonus room & is located on over 2+ level acres just minutes from Pigeon Forge! This well maintained home is perfect for a primary or secondary residence or could be your next overnight investment property! The spacious living room with a cozy gas fireplace and a cathedral ceiling has room for the whole family! The gourmet kitchen boasts granite countertops, ample storage space, and stainless steel appliances which will convey. Furniture is negotiable. The front & back deck are both covered & built with durable Trex decking material. Throughout the home you'll find upgraded lighting fixtures, tile bathrooms with marble top vanities & trey ceilings. The bonus room has a Mini Split AC unit for year round comfort & you'll find lots of additional storage in the detached garage / carport with plenty of room to park your RV as well! With proper approval, another home could be built utilizing the 20' easement off Green Pine Lane. Come take a look at this beautiful home today!
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| Mar 20, 2022 | Listed by Prime Mountain Properties | $1,349,000 | |
| Listed by Prime Mountain Properties | |||
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Incredible rental potential .....This home is surrounded by luxury rentals !!...There is no sign at the main entrance to the property (per clients request)....There is a sign at proposed rear entrance to property from Newt Huff Way....to give private access to a proposed second structure .....Estimated rental income $65-75k as is !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017