220 Forrest Loop 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 |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed by eXp Realty | $499,000 | |
| Listed by eXp Realty | |||
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This turnkey 2-bedroom, 2-bathroom log cabin offers rustic elegance with modern amenities. Nestled within the serene White Oak Resort just outside of Gatlinburg, this cabin presents a remarkable investment opportunity or personal retreat. Backing directly onto the Great Smoky Mountains National Park, the property ensures unparalleled privacy with no future development behind you. The cabin features an all-wood interior, cathedral ceilings, and a stone gas fireplace, creating a warm and inviting atmosphere. The open-concept kitchen is equipped with stainless steel appliances, granite countertops, and a spacious island, perfect for entertaining. Having an ideal bedroom set-up of two primary suites conveniently located on the main level, each providing comfort and privacy. A spacious loft serves as a versatile game room and offers access to an upper deck, perfect for relaxation and entertainment. Outdoor living is enhanced by a covered front porch and expansive screened-in decks accessible from both suites, providing serene mountain views. The cabin is accessible via well-maintained roads without steep inclines. As part of the desirable White Oak Resort community, owners have access to amenities such as a swimming pool, fitness center, tennis courts, walking trails, and propane grills. The cabin's proximity to downtown Gatlinburg, Bent Creek Golf Course, and various recreational activities further enhances its appeal. Embrace the tranquility and luxury of mountain living with this turnkey property offering both serenity and investment potential.
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| Apr 1, 2024 | Listed by eXp Realty | $545,000 | |
| Listed by eXp Realty | |||
| Jul 30, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by Crye-Leike REALTORS, South Inc. | $350,000 | |
| Listed by Crye-Leike REALTORS, South Inc. | |||
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Beautiful custom log home currently under constructions in the desirable resort community featuring a swimming pool, tennis courts, walking trails and workout room. Take advantage of this excellent investment opportunity and own a piece of the Smokies! More pictures to be added as construction continues. HOA fees includes gas, cable, internet, phone, pool, tennis courts, fitness room, lawn maintenance,common area insurance,club house,roads and HOA management.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017