2991 Walden Flats 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 |
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| May 20, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 9, 2025 | Listed by Why The Smokies, LLC | $949,900 | |
| Listed by Why The Smokies, LLC | |||
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If you're looking for a private, wooded sanctuary in a gated community and not in a resort and very conveniently located, this Mountain Lover's Paradise is what you've been dreaming of! Although you are minutes away from Pigeon Forge and Sevierville; shopping, restaurants, grocery stores and entertainment, you'll be sheltered from the busyness of seasonal tourism and only about forty-five minutes to McGhee Tyson Airport. The home sits on 1.37 acres with bountiful wildlife, surrounded by beautiful native plants, ferns and large trees. There are over 100 acres of old growth forest in the conservation easement. You may take advantage of the common area including a bubbling creek, woods, a barn, meadow and a pavilion with a fireplace. There is a charming little natural pond located on the property in front of the house to enjoy from the two large porches gracing the home; one of which is screened. Imagine relaxing on the porch with your morning coffee or having a BBQ with friends and family enveloped by the serine mountain atmosphere and drinking in the peacefulness while hearing nature sounds and birds singing their sweet little melodies. This turn-key cabin has been completely renovated, updated and expanded to accommodate a family or guests boasting 2 spacious master suites, walk-in closets, and generous bathrooms. A second family area downstairs can be used as extra space for sleeping, playing or just relaxing in front of the TV. A third full bathroom is situated off this room also. The open floor plan gives a feeling of spaciousness yet is still pleasant and inviting with the beautiful stone, wood-burning fireplace to cozy up to. A half bath was thoughtfully located just off the family room and kitchen. The kitchen itself has lots of cabinet space for storage with a long, beautiful granite counter top that was just installed! It's also furnished with a newer refrigerator, gas range, dishwasher, a few small appliances and some cookware. The island features a butcher block top and has space for up to four barstools for those important warm, kitchen gatherings. The cook is not isolated in this hub of the home! The home will be left furnished (with an acceptable offer) as the furniture was purchased just for this home and the owner prefers not to have to move and store it. What a wonderful opportunity for a vacation home or a full-time residence! Who hasn't dreamed of living in the Great Smoky Mountains and owning your own peace of paradise?! I invite you to make an appointment to see this lovely, well appointed and maintained beauty so that you can see all the finishes and features and get a feel for what is not able to be conveyed in pictures. Don't miss this one as this kind of home in this type of community and close to Pigeon Forge and the Great Smoky Mountain National Park rarely comes on the market for sale! Please call for your own personal viewing right away! Community includes Underground utilities, cable and broadband internet. HOA dues include Community water and Sewer. Overnight rentals are not allowed!
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| Oct 8, 2023 | Listed by ListWithFreedom.com | $987,900 | |
| Listed by ListWithFreedom.com | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | Listed by Prime Mountain Properties | $429,900 | |
| Listed by Prime Mountain Properties | |||
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Want to get away? Private three bedroom, two and a half bath cabin on 1.3 acres overlooking a serene pond. Located about 15 minutes from the Pigeon Forge Parkway. Living room with vaulted ceiling, hardwood floors and gorgeous stone wood burning fireplace. Master bedroom on main floor with attached bathroom. The lower level includes two guest rooms, full bath and rec room with new laminate flooring. Enjoy dining out on the screened deck or lay back and relax in the hammock on the bottom rear deck overlooking the pond. Walden Cove is a gated community with 100 acres of common area and conservation easement offering a perfect retreat with NO RENTALS ALLOWED. Owners enjoy the use of these acres, including a pavilion with stone fireplace, community garden, fields, and Walden Creek. This beautiful, wooded lot backs to the conservation easement. Underground utilities including cable and broadband internet. Community water and sewer. Home sold furnished with exceptions. Perfect private getaway convenient to local attractions and services.. Listing includes drone photography.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017