3520 Bear Pen Gap Road
About This Property
The property includes a 2-bedroom, 2-bath cabin (1,444 sq. ft.) and a 1-bedroom, 1-bath cabin (539 sq. ft.). Both cabins are fully established vacation rentals featuring guest-favorite amenities including jacuzzi tubs, hot tubs, cozy fireplaces, and the privacy travelers seek.
Ideally located just minutes from Pigeon Forge and Gatlinburg, guests enjoy convenient access to the Great Smoky Mountains, area attractions, dining, and entertainment while still experiencing a peaceful mountain setting.
Each cabin has its own separate septic system, offering added flexibility and convenience for future ownership and operation.
Opportunities to purchase two proven, well-performing cabins in one turnkey package are increasingly hard to find. Continue the successful rental operation from day one or enjoy the flexibility of multiple use options with this unique investment.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$799,000
↓ $51K
(6%) | |
| Price Decreased | |||
| Jul 17, 2026 | Listed by Homes of the Smokies LLC | $850,000 | |
| Listed by Homes of the Smokies LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017