2230 Hidden Mountain Road
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 |
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| Apr 1, 2025 | Sold | ||
| Sold | |||
| Jan 12, 2025 | Listed by eXp Realty | $484,000 | |
| Listed by eXp Realty | |||
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This beautifully renovated 2-bedroom cabin offers a prime short-term rental investment opportunity with strong income potential in the heart of the Great Smoky Mountains. Currently self-managed, and generating $66,000/year, with income projections reaching $87,000 annually under optimized management.
Situated on over half an acre, this cabin offers added opportunities for outdoor enhancements, such as a fire pit area, outdoor seating, or additional guest amenities to further boost rental potential. Nestled on a private, secluded lot just minutes from Pigeon Forge, this meticulously maintained retreat combines tranquility and convenience, making it a guest favorite. Renovated in 2023, the cabin features new HVAC, a water softener system, granite countertops, a new hot tub, dishwasher, and modern updates designed to maximize guest satisfaction and repeat bookings.
The inviting interior is tastefully decorated and offers a screened-in porch, an electric fireplace, and thoughtfully designed spaces perfect for a romantic getaway. Sold fully furnished with low utility costs, this turnkey investment is rental-ready and can be added to any property management program of the buyer's choosing or continue as a self-managed income powerhouse.
Projections, rental history and a video available upon request.
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| Apr 9, 2024 | Listed by eXp Realty | $498,999 | |
| Listed by eXp Realty | |||
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Ideal investment opportunity in the heart of the Great Smoky Mountains! Nestled within a secluded and private setting, this adorable cabin offers more than just seasonal views—it's a gateway to exceptional rental income potential. It's located just a short 12-minute drive from the vibrant attractions in Pigeon Forge, this meticulously maintained retreat promises both tranquility and convenience for your guests. Renovated in 2023 with updated features including new HVAC, a water softener system, dishwasher, hot tub, and granite countertops, this cabin ensures a modern and comfortable experience for visitors. Sold fully furnished and with low utilities, this investment property offers an effortless transition into the short-term rental market, complete with an electric fireplace, screened in porch and beautifully decorated interiors that will enchant guests from the moment they arrive. Owner currently self manages and property can be added to any rental program of the buyer's choosing.
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| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by eXp Realty | $500,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017