56
Map
2680 High Valley Drive
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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Realty Works, LLC | $1,599,000 | |
| Listed by Realty Works, LLC | |||
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by United Real Estate Solutions | $1,350,000 | |
| Listed by United Real Estate Solutions | |||
| |||
|
We are excited to present a truly unique opportunity for both short-term and long-term rental investors. This newly listed property offers exceptional value, with flexible rental potential and excellent ROI.
This listing includes a 3-bedroom, 2-bathroom single-family home with a one-car garage, a divided driveway, and a fenced-in backyard, perfect for long-term rentals or mid-term guests. Right behind the single-family home, you'll find a 3-unit townhouse with each unit offering 2 bedrooms, 1.5 bathrooms, fully furnished and ready for occupancy. These units are equipped with private driveways, outdoor grills, and picnic tables, offering a fantastic setup for short-term vacation rentals.
What makes this property even more attractive to investors is its current use as overflow housing for a local hotel, demonstrating strong demand for short-term rentals in this location. All units have been completely remodeled and updated, ensuring they meet the highest standards of comfort and style.
Conveniently located just off Wear's Valley Road, near the Parkway in Pigeon Forge, at Red Light 3, this property enjoys high visibility and accessibility, a key factor in attracting short-term renters. We've also included rental projections from Avada Property Management that demonstrate strong income potential if used as a short-term rental, which is currently permitted in this area.
Whether you are looking to expand your short-term rental portfolio or invest in long-term rental properties in the highly sought-after Pigeon Forge area, this listing provides an unparalleled opportunity.
Feel free to reach out for more information or to schedule a viewing. We look forward to discussing how this property can work for your investment strategy.
See youtube for video by typing the address
| |||
| Feb 16, 2025 | Listed by United Real Estate Solutions | $1,350,000 | |
| Listed by United Real Estate Solutions | |||
| | |||
|
We are excited to present a truly unique opportunity for both short-term and long-term rental investors. This newly listed property offers exceptional value, with flexible rental potential and excellent ROI.
This listing includes a 3-bedroom, 2-bathroom single-family home with a one-car garage, a divided driveway, and a fenced-in backyard, perfect for long-term rentals or mid-term guests. Right behind the single-family home, you'll find a 3-unit townhouse with each unit offering 2 bedrooms, 1.5 bathrooms, fully furnished and ready for occupancy. These units are equipped with private driveways, outdoor grills, and picnic tables, offering a fantastic setup for short-term vacation rentals.
What makes this property even more attractive to investors is its current use as overflow housing for a local hotel, demonstrating strong demand for short-term rentals in this location. All units have been completely remodeled and updated, ensuring they meet the highest standards of comfort and style.
Conveniently located just off Wear's Valley Road, near the Parkway in Pigeon Forge, at Red Light 3, this property enjoys high visibility and accessibility, a key factor in attracting short-term renters. We've also included rental projections from Avada Property Management that demonstrate strong income potential if used as a short-term rental, which is currently permitted in this area.
Whether you are looking to expand your short-term rental portfolio or invest in long-term rental properties in the highly sought-after Pigeon Forge area, this listing provides an unparalleled opportunity.
Feel free to reach out for more information or to schedule a viewing. We look forward to discussing how this property can work for your investment strategy.
See youtube for video by typing the address
| |||
| Oct 19, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017