3175 Emerald Springs Loop
About This Property
Living Area
Step inside to discover a beautifully maintained, open-concept living space that seamlessly blends modern upgrades with classic Smoky Mountain charm. The generous main level features a cozy living area flowing perfectly into a fully equipped kitchen with upgraded modern appliances. Guests can step right outside to the first of two wrap-around porches to take in the peaceful seasonal mountain views and enjoy the true mountain getaway experience.
Entertainment Space
Designed top-to-bottom for the short-term rental guest, this INCOME GENERATING cabin offers unmatched entertainment on its lower level. The space is built for revenue generation, boasting a full game room, a striking stone-faced wet bar, and a dedicated theater space perfect for movie nights. Outside, guests can unwind in the private hot tub after a long day exploring nearby Pigeon Forge.
Upgrades and Community
This property is primed for immediate income generation with major upgrades already completed, including a modernized HVAC system, updated ductwork, a newer water heater, and pre-installed water reserve tanks. The cabin offers easy year-round access with level parking. Guests will also enjoy the incredible resort amenities of the 24/7 secure Shagbark community, which includes a swimming pool, tennis courts, and a clubhouse. 🎥 Check out the property video! Simply copy and paste the link below into your web browser to enjoy the full video tour. If you receive an error message, just click ''Watch on YouTube'' to view the video. https://www.youtube.com/embed/mCTszjgO6h8
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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 22, 2026 | Price Decreased |
$599,900
↓ $39K
(6.1%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$649,000
↓ $26K
(3.8%) | |
| Price Decreased | |||
| Mar 25, 2026 | Listed by Tennessee Elite Realty | $674,900 | |
| Listed by Tennessee Elite Realty | |||
| Dec 2, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017