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3023 Ridgetop Resort Way
About This Property
Guests will love the inviting game room, featuring a poker table, arcade games, and theater room perfect for evening entertainment and friendly competitions. The indoor swimming pool offers year-round enjoyment, allowing guests to take a refreshing dip regardless of the season.
Surrounded by the natural beauty of the Smoky Mountains, this cabin boasts modern amenities and rustic charm, creating a warm and welcoming atmosphere. Whether relaxing on the expansive deck, soaking in the hot tub, or exploring nearby attractions, this property offers an exceptional experience that keeps guests coming back year after year. Ideal for creating lasting memories, this cabin is truly a gem in the Pigeon Forge area.
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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 2, 2024 | Sold | ||
| Sold | |||
| Oct 21, 2024 | Listed by eXp Realty | $1,250,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017