2404 Bobs Pass
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 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 27, 2025 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by eXp Realty, LLC 7765 | $625,000 | |
| Listed by eXp Realty, LLC 7765 | |||
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Modern 2020 Cabin | Prime Location Between Gatlinburg & Pigeon Forge | Turnkey Investment Opportunity
Built in 2020, this modern mountain retreat offers the best of both worlds—newer construction with classic Smoky Mountain character. A convenient circular driveway provides easy access and ample parking for guests. Previously enjoyed as a private second home, the property has only recently joined a professional rental program, giving buyers an opportunity to maximize income potential in one of East Tennessee's most desirable locations.
Ideally positioned just off The Spur, the cabin provides quick, year-round access to both Gatlinburg and Pigeon Forge, two of the region's strongest short-term rental markets. Inside, you'll find open-concept living spaces, rich wood finishes, and high ceilings that create a warm, inviting atmosphere.
Outdoor living is equally impressive, featuring a sprawling 45x24 covered porch, a screened-in sunroom, and a private hot tub, all perfect for relaxing or entertaining in any season. Designed for today's vacationers, the cabin includes multiple bedrooms and spacious gathering areas, comfortably accommodating family and friends.
With low county taxes, a prime location just 10 miles from the Great Smoky Mountains National Park, and strong rental growth potential, this property is a standout choice for investors and second-home buyers alike. Offered fully furnished and turnkey, this is a rare opportunity to own a newer cabin in the heart of the Smokies—ready for immediate enjoyment and revenue generation.
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| Oct 27, 2023 | Listed by eXp Realty | $649,900 | |
| Listed by eXp Realty | |||
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TURNKEY with AMAZING INCOME! 2020 NEW CONSTRUCTION CABIN is ready for you to make it your next second home or investment property--walk into income! $72k GROSS 2022--$50k already completed for 2023 with more on books!--Current owners have property ONLY LISTED ON AIRBNB--Potential for more bookings if it were listed on multiple platforms. Wrap around drive to enter and exit through makes it easier for guests! The cabin has 2 primary en suite rooms! Large deck to entertain and enjoy outdoor activities. Screened in porch with hot tub! Custom lighting, custom kitchen cabinets, granite countertops and stainless steel appliances in the kitchen. Floor to ceiling windows allow for a lot of natural light. Soaring ceilings! Metal roof! Don't miss this opportunity!
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| May 30, 2023 | Listed by eXp Realty | $649,900 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017