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2708 Timber Way
About This Property
Looking for the perfect investment opportunity in Pigeon Forge? This stunning 3-bedroom cabin is just a short 5-minute drive to the Parkway yet feels like it's tucked away in the peaceful woods! Perks Sleeps 10 guests comfortably with 5 beds in 3 bedrooms wih 2 full bathrooms. Nice size Game Room with 2 arcades, air hockey, and Tennessee's favorite - cornhole! Guest will enjoy relaxing in the hot tub after a day of exploring, Bonus, Guest will also Enjoy the community pool during the summer months. This community Low HOA fees of just $200/month includes water/sewer and a community pool. This cabin has it all unbeatable location, top-notch amenities, and the charm that guests crave! The current owners have fully furnished the property, and after a recent switch in property management, bookings are rolling in! Located on a quiet dead-end road with just 4 other cabins, this is a peaceful escape for your guests. Whether for a getaway second home for vacation or investment, it's an opportunity that won't last long in a market seeing its second peak of the year! Don't miss out - contact your local realtor for a showing today. Video tour available on YouTube (just type the address). Rental projections and expenses are available in the photos and in the documents section for your realtor to have easy access to. Call today before it's too late!
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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 16, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | Listed by United Real Estate Solutions | $695,000 | |
| Listed by United Real Estate Solutions | |||
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Feb 26, 2022 | Listed by Keller Williams Smoky Mountains | $725,000 | |
| Listed by Keller Williams Smoky Mountains | |||
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Brand new cabin in the heart of the Smokies and just minutes to all the Pigeon Forge attractions. Wood treatment on the walls and the bedrooms have vaulted ceilings. Bathrooms have a tub/ shower combo. Game room, covered porch with hot tub hookup. The neighborhood offers a community pool for those hot summer days.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017