2843 Lightfoot Way
About This Property
Relax on the expansive deck and soak in the beautiful mountain views, all while surrounded by the sights and sounds of nature. Enjoy an unbeatable array of resort amenities, including a heated pool, four stocked fishing ponds, mini golf, fire pit patios, picnic areas, hiking trails, basketball, volleyball, badminton, tennis courts, playgrounds, and even a wedding chapel.
Located just minutes from downtown Pigeon Forge, Sevierville, and the Great Smoky Mountains National Park, this property truly offers the best of both worlds peaceful mountain living with all the conveniences just around the corner. Don't miss your chance to own a slice of Smoky Mountain paradise!
Check out our Rental Link https://littlevalleymountainresort.com/cabin-rentals/2-bedroom-cabins/eagles-ridge/
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jun 21, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$399,000
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Jun 5, 2025 | Price Increased |
$449,000
↑ $50K
(12.5%) | |
| Price Increased | |||
| Apr 7, 2025 | Listed by MG Rise Real Estate Group | $399,000 | |
| Listed by MG Rise Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017