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2323 River Port Way
About This Property
Inside, the cabin is warm and inviting with a seasonal gas fireplace, 65-inch TV, leather sofa, granite countertops, stainless appliances, and ambient accent lighting and a moveable massage bed.
The bedroom turns up the romance with a king-size adjustable Posturepedic bed, 50-inch TV and an in-room spa soaking tub. Just beyond is a bath with double vanities, backlit mirrors and a double-headed couples shower.
But the real magic is out back.
Step onto the deck and the Little Pigeon River greets you. Not a distant glimpse through the trees. Not ''seasonal river views.'' River. Right. There. Start the morning with coffee and the sound of rushing water, spend the afternoon fishing from your own riverfront retreat, then end the night in the hot tub or beside the propane fire pit while the river rolls by.
Dancing Waters packs an impressive amount of experience into a one-bedroom cabin: riverfront setting, romantic amenities, proximity to the action and a proven rental history. Whether you're looking for an investment property, a Smoky Mountain getaway of your own, or a little of both, this one understands the assignment.
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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 29, 2026 | Listed by Homes of The Smokies LLC | $469,000 | |
| Listed by Homes of The Smokies LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017