2746 Cedar Falls Way
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%.
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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 12, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Aug 19, 2025 | Listed by Realty Executives Smoky Mounta | $800,000 | |
| Listed by Realty Executives Smoky Mounta | |||
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Absolutely immaculate, custom built log cabin located in beautiful Cedar Falls, which offers an outdoor pool, playground, chapel, catch & release fishing pond, nature trail, pavilion and firepit. Currently used as a second home, this cabin has been exceptionally well maintained, but will make an incredible STR! Spread out over 2 levels and 2,061 square feet and featuring 2 bedrooms plus an additional bonus room and loft, this well appointed cabin has all the features needed to deliver the perfect Smoky Mountain cabin experience, including an attached 2 car garage. The beautiful wood interior, custom details including hand carved mantle and stacked stone features, soaring cathedral ceiling and exposed beams are the epitome of log cabin living. The living area features a stunning wall of windows to allow for plenty of natural lighting and a floor-to-ceiling stacked-stone gas fireplace. The open floor plan provides an easy transition from the living area to the dining area and the fully equipped kitchen, complete with tile backsplash, plenty of cabinetry and an island with bar seating. Just beyond the dining area you'll have access to the rear deck, part of which is screened and features an outdoor hot tub. Heading past the kitchen, you'll find a pantry, a convenient half-bath and a laundry room. The main level is also home to a large bedroom suite, complete with an en-suite bathroom, featuring a jetted tub, custom tiled walk-in shower and direct access to the screened deck and hot tub. Next, head upstairs where you'll find an open loft, currently used as a game room/office space. The upper level also features the second oversized bedroom suite, complete with a walk-in closet and the second full bathroom with a walk-in shower. Rounding out the upper level is a spacious bonus room. There's also plenty of space to relax and have fun outside! In addition to the rear deck, the spacious front covered porch leads way to the ample front yard and side yard with a firepit, where you are sure to see plenty of wildlife passing through! As if all this wasn't enough, there is a 2 car attached garage. Planning to use the property as an STR? Imagine the value added by creating an indoor putt-putt course, a home theater, or awesome game room! This will be the cabin everyone wants to rent! You don't want to miss this one! Sellers have taken extreme care in maintaining the cabin including: annual porch sealing, semi-annual HVAC preventative maintenance contract, plumbing maintenance contract quarterly pest control and more - list of improvements available.
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| Jan 24, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017