2833 Longvale Lane
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 |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Oct 4, 2025 | Listed by JustHomesGroup | $435,000 | |
| Listed by JustHomesGroup | |||
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| Feb 7, 2025 | Listed by Redfin Corporation | $523,500 | |
| Listed by Redfin Corporation | |||
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Escape to your own slice of Smoky Mountain paradise in this beautifully updated one-level cabin, ideally located just minutes from all the attractions, dining, and entertainment of Pigeon Forge Parkway—yet tucked away in a serene, wooded setting that offers the peace and privacy of a true mountain retreat.
With no steep roads and easy access (no SUV or four-wheel drive required), this home is perfect for families, couples, or investors looking for a turnkey short-term rental. The spacious layout comfortably accommodates up to ten guests and features thoughtful updates throughout.
Recent improvements include a brand-new metal roof and new kitchen appliances installed in 2025. A new heat pump HVAC system and water heater were added in 2022, ensuring year-round comfort and energy efficiency. Inside, luxury vinyl plank flooring installed in 2022 complements a fully remodeled bathroom completed in 2024, creating a fresh and inviting atmosphere.
Step outside to enjoy the tranquil surroundings from the front porch rockers, unwind in the hot tub, or fire up the new park-style grill for a cookout with family and friends. A bear-proof metal trash container provides added peace of mind and practicality for rental use.
With all major upgrades complete, this cabin is truly move-in ready and offers the perfect blend of modern comfort and rustic charm. Whether you're seeking a personal getaway, vacation home, or income-generating rental, this property is a rare find in a prime location. Motivated sellers are ready to make a deal, so don't miss your chance to own this peaceful and convenient mountain escape.
Schedule your private showing today!
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| Jun 10, 2024 | Listed by Redfin Corporation | $550,000 | |
| Listed by Redfin Corporation | |||
| Nov 3, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017