2324 Boulder 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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | Listed by Compass Tennessee, LLC | $1,400,000 | |
| Listed by Compass Tennessee, LLC | |||
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LOCATION! Realize incredible investment potential with this premier 3-level lodge in the heart of the Smoky Mountains. Located in the desirable Smoky Mountain Ridge community just off Wears Valley Road, this property features easy access via wide, paved roads and is sold fully furnished for a seamless transition. The expansive floor plan accommodates up to 26 guests, offering six spacious bedrooms--including a primary suite on the main level--each equipped with a private ensuite bathroom. Designed for high-end guest experiences, the interior features a dedicated movie theater, an oversized game room, and a spectacular private indoor swimming pool for year-round recreation. This turnkey estate is the perfect high-capacity addition to any portfolio. Buyer to Verify all information.
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| Oct 16, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | No longer available | - | |
| No longer available | |||
| Apr 15, 2023 | Price Decreased |
$1,775,000
↓ $25K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017