74
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311 Indian Knob Circle
About This Property
Extensively updated in 2023, the cabin features a new HVAC system with updated ductwork and upstairs mini-split, all new plumbing with PEX throughout, new drains to the sewer, new fixtures, flooring, appliances, water heater, roof, Hardie siding, doors, windows, decks, and hot tub. Inside, the thoughtfully designed layout includes granite countertops, quality appliances, a spa-style primary bathroom with soaking tub and tiled shower, shuffleboard, Smart TVs, a dedicated office nook, and a cozy library with books, games, and puzzles.
Outside, guests can relax in the private hot tub, enjoy outdoor dining, and unwind in the inviting outdoor seating areas after a day exploring the Smokies. With its unbeatable walkable location, extensive renovations, and rental history, Misty Morning is a turnkey opportunity in one of the Smokies' most sought-after vacation destinations.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Relisted | $549,900 | |
| Relisted | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$574,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$589,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017