2404 Balsam Circle
About This Property
Uniquely designed for maximum guest comfort and booking appeal, the layout features two true primary suites, each complete with its own private ensuite bathroom and walk-in shower. Below, a dedicated game and movie room keeps guests entertained year-round, while the private outdoor deck features a hot tub ideal for unwinding under the stars. Complete with a convenient washer and dryer combo added in 2023, this 2-bed, 2-bath retreat offers the ultimate combination of strong short-term rental returns, top-tier amenities, and timeless cabin style.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Listed by Young Marketing Group, Realty Executives | $525,000 | |
| Listed by Young Marketing Group, Realty Executives | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Century 21 MVP | $389,900 | |
| Listed by Century 21 MVP | |||
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What a great MONEY MAKER, almost $52,000 in 2019. This Investors Dream offers great location, right between Gatlinburg and Pigeon Forge and is in EXCELLENT CONDITION- a rare find! Fantastic floor plan spread out over 3 levels offers tons of privacy and entertainment for everyone. The entire lower level is dedicated for fun and games, and includes a set of bunk beds. 2 Large decks and covered front porch are great for outdoor lovers. Enjoy NEW bubbly Hot Tub in a private setting or chill with a glass of wine by a cozy outdoor fire-pit. With so much to offer, no wonder this cabin is such a great investment. Financials, Expenses and Recent Updated are available upon request.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017