2512 Laurel Point Way
About This Property
The lower level boasts a fully finished basement with a game room, complete with a pool table, video games, a mini fridge, and a sink area for added convenience-making it the perfect hangout spot for family and friends. Step outside and take full advantage of two expansive decks, ideal for soaking in the fresh mountain air. One deck features a hot tub, where you can relax while enjoying the stunning mountain views. Whether you're looking for a serene second home or a lucrative investment property, this mountain retreat offers endless potential.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$889,900
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Increased |
$895,000
↑ $5K
(0.6%) | |
| Price Increased | |||
| Sep 6, 2025 | Listed by Century 21 Legacy | $889,900 | |
| Listed by Century 21 Legacy | |||
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This 3 bedroom 4.5 bath cabin offers the perfect blend of comfort privacy and entertainment in the heart of the Smokies. Recently updated with fresh exterior staining 2025, a new roof in 2024, and the wood flooring refinished in 2023, this home is move in and rental ready. The layout is ideal for gathering with spacious communal areas for entertaining while each bedroom is located on its own level for maximum privacy.
Step outside to soak in spectacular mountain views while grilling on the porch or unwinding in the hot tub. Located just minutes from The Island in Pigeon Forge downtown Gatlinburg and Ober Gatlinburg this property is perfectly situated for both owners and guests.
The HOA provides peace of mind with land and road maintenance, and a new community pool is in the works in the near future, to offer even more entertainment options. Whether you are seeking a well-maintained investment property with proven income potential and glowing reviews or a personal getaway in a prime location this cabin is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017