3060 Tower Road
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 |
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| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by The Real Estate Firm Inc. Sevier | $1,495,000 | |
| Listed by The Real Estate Firm Inc. Sevier | |||
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Premier Smoky Mountain Short-Term Rental with Breathtaking Views Perched atop Bluff Mountain, this high-performing short-term rental offers an unforgettable experience with 90-mile Smoky Mountain views. Spanning 4,000 sq. ft. on 3 private acres, this 5-bedroom, 4.5-bath retreat has been a proven income generator, attracting guests seeking luxury, privacy, and panoramic scenery. Designed to impress, this home features two kitchens (one) with granite countertops, a grand living room, a cozy den, and a full-size pub bar—perfect for entertaining. Three expansive master suites with private baths, plus two additional bedrooms, provide ample space for guests. A dedicated game room with a pool table enhances the rental appeal. Guests rave about the breathtaking mountain views from every room, while the lush landscaping, massive stone front porch, and private gated drive create an exclusive mountain escape. The backyard oasis features a bubbling hot tub on the patio and even a private helipad—a unique touch that sets this rental apart. With a strong rental history and updates including a new heating and air system (2016), plus new windows and flooring, this property is turnkey and ready to continue generating income. Whether you're looking for a profitable short-term rental or a luxurious second home, this mountain retreat is a rare find.
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| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by JET Real Estate | $795,000 | |
| Listed by JET Real Estate | |||
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Excellent rental history! Enjoy as your own private retreat or take advantage of the rental program earning up to 100k to help with your investment. Luxury living with views of the Smoky Mountains that will take your breath away. Enjoy vistas that stretch for 90 miles in this sprawling 4500 square foot 5 bedroom 4 1/2 bath home on almost 3 acres at the top of Bluff Mountain. Experience peace and serenity at the end of your own gated drive as you watch the abundant wildlife and see the clouds drift lazily by. This home offers 2 kitchens, granite counter tops, an enormous living room, cozy den and a full size pub bar. There are three large master suites with private baths plus 2 additional bedrooms. Game room with pool table. Gorgeous Mountain Views can be enjoyed from every room in the house. Lush landscaping surrounds the huge stone front porch where your view rivals that of the helicopter tours and the back yard boasts a bubbling hot tub on the patio and your very own helipad! New heating and air conditioning system in 2016, new windows and flooring. This home can be sold fully furnished. 25 minutes from downtown Pigeon Forge.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017