3244 Emerald Springs Loop
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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Relisted | $699,000 | |
| Relisted | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by Wallace | $699,000 | |
| Listed by Wallace | |||
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Turn-key 2BD/2BA modern cabin in a gated Smoky Mountain community just minutes from the Pigeon Forge Parkway. This brand-new construction offers two spacious primary suites--ideal for short-term rental flexibility and guest privacy.
Designed with today's renter in mind, the home features an open-concept layout, stylish modern finishes, and seamless indoor-outdoor living. Multiple levels of decking provide the perfect space to unwind, complete with a private hot tub and fire pit to enjoy the peaceful mountain setting and seasonal views.
Located in a sought-after gated community offering resort-style amenities including a pool, pickleball courts, playground, and dog park--everything guests are looking for in a Smoky Mountain getaway.
Excellent opportunity for a high-performing short-term rental, second home, or private retreat in one of the area's most desirable locations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017