2304 Wingspan Drive
About This Property
Guests will love the relaxing hot tub, expansive covered deck with peaceful wooded views, and a fully equipped game room complete with a pool table and arcade games.
Conveniently located to Soaky Mountain Water Park, Wilderness at the Smokies, Buc-ee's at Exit 407, Downtown Sevierville, and Pigeon Forge, this cabin offers both convenience and a true Smoky Mountain experience.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$679,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| May 1, 2026 | Price Decreased |
$699,000
↓ $40K
(5.4%) | |
| Price Decreased | |||
| Mar 28, 2026 | Listed by eXp Realty, LLC 7720 | $739,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Nov 27, 2023 | Listed by Real Broker | $825,000 | |
| Listed by Real Broker | |||
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This cabin is absolutely stunning! Conveniently located to 1-40 and Pigeon Forge, this is perfect for your STR portfolio. This newly constructed cabin is set up to be used as a 2 bedroom with a bonus room in the loft, 3 bathrooms, and a large wrap around porch which allows for ample space for future guests to enjoy. Modern touches, hot tub, game room, and community pool are just a few aspects that will allow for your future Airbnb to stand out! Also with the convenient and easy access to the new Gateway to Adventure, this is another great advertisement for future guests and the appreciation component as the 200 + acres are being developed.
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| Dec 13, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017