2220 Towering Hemlock Drive
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%.
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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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed by Century 21 MVP | $774,900 | |
| Listed by Century 21 MVP | |||
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This cabin has been called the quintessential Smoky Mountain getaway cabin. A turnkey investment opportunity with an outstanding rental history and a NEW METAL ROOF installed Nov 2024. Perfectly positioned for sunrise & sunset to take in the million-dollar view! Located at the end of the street for optimal privacy, views + parking. The main level features a fully equipped kitchen, a living with a soaring ceiling, fireplace, and long-range mountain views, and the master bedroom is on the main. The amenities associated with this cabin are • Private Hot Tub, Pool table, Game loft w/ arcade games - Foosball, Air hockey, & Mario arcade game. • Theater room with 60in TV • Charcoal grill • Family room with electric fireplace & 46in TV and WIFI throughout. The lower level hosts stadium seating couches for optimal comfort and viewing on the big screen. Don't miss out on the opportunity to take pictures and relax in the community clubhouse with 360-degree summit views! A spiral staircase leads up to the game loft with pool, foosball, + arcade games. The back of the cabin has two covered decks with a hot tub and plenty of seating to enjoy the views of the Smoky Mountain Nation Park and while relaxing in the hot tub. At the top of the resort is the Community pool & community clubhouse with a workout room. Make this your own vacation getaway of rental investment. The septic is managed and serviced by Tennessee Waste Water Smyrna Tn 877-669-0786
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| Jun 25, 2024 | Listed by Century 21 MVP | $809,900 | |
| Listed by Century 21 MVP | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017