3430 Bear Mountain Lane
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 | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Prime Mountain Properties | $295,000 | |
| Listed by Prime Mountain Properties | |||
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This is a value-add play, priced to reflect it. Sitting on over 2 acres in the Bear Mountain resort community in Gatlinburg, this cabin is secluded, private, and already on an active rental program. The pricing accounts for the updates and capital expenditures needed to get it performing where it should.
The property has two bedrooms, two full bathrooms, a master with fireplace, and an additional bonus room that works well as a flex space or office. Full kitchen, washer/dryer, hot tub, fire pit, outdoor stone fireplace, and a covered full-length porch that makes the most of the acreage around it. Wood-burning fireplace inside as well.
The setting is the story here. Long private driveway, near the end of the road, mountain views, and the kind of seclusion that books well for couples and small groups looking to disconnect. The management site rates it 4.8 across 28 reviews, which tells you guests like it once they're there. The issue is performance, not product.
An investor willing to put the work in gets a Gatlinburg asset on over 2 acres at a basis that leaves room to make money. That combination is harder to find than it used to be.
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| Jun 12, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2016 | Listed by Keller Williams | $155,000 | |
| Listed by Keller Williams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017