3450 Valley View Road
About This Property
This stunning three-bedroom, three-bath home features a bonus room with a full bath, offering an impressive 3,518 square feet of beautifully updated living space designed for comfort, style, and functionality. The current owners have thoughtfully enhanced the home with luxurious Asian walnut flooring, fresh interior paint, and ceilings finished in a modern knockdown texture. Recent renovations include a tastefully updated hall bathroom and a cozy rock fireplace with vented gas logs - perfect for mountain evenings.
Additional upgrades add peace of mind and efficiency, including a new fiberglass entry door, whole house Generac generator, Marathon water heater, DC motor ceiling fans, stainless steel appliances, an a water treatment system. A detailed list of all additional improvements is available in the realtor documents.
Step onto the screened-in porch to enjoy your morning coffee while taking in sweeping views of Cove Mountain - no steep or difficult access required. Ideally situated, this property offers easy access to the Great Smoky Mountain National Park, Gatlinburg, Pigeon Forge, Townsend, and nearby attractions.
An extra lot is included, bringing the total acreage to 2.64 acres - 1.94 acres with the home plus an additional 0.7 - acre lot, each with approved three -bedroom septic documentation. The property also features an extra large outbuilding/workshop and a shared driveway for convenience.
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Mountain Realty Group | $1,195,000 | |
| Listed by Mountain Realty Group | |||
| Jul 29, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Price Decreased |
$599,000
↓ $101K
(14.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017