3537 Bear Pen Gap Road
About This Property
This charming cabin features an open-concept main level with cathedral ceilings and hardwood flooring, creating a bright and inviting space guests love. The living area is anchored by a stacked-stone gas fireplace and flows seamlessly into a fully equipped kitchen and dining area. Entertainment options include a pool table/air hockey combo, plus a bunk nook with a flat-screen TV and foosball-amenities that consistently increase booking appeal.
The lower-level primary suite offers a private retreat with a full bathroom and whirlpool tub, ideal for couples or small groups. Outdoor living is a standout, with a covered main-level deck showcasing mountain views, complete with a BBQ grill and rocking chairs, and a lower-level screened deck featuring a hot tub for year-round guest enjoyment.
This property combines easy access, sought-after views, multiple entertainment features, and outdoor amenities-making it a strong contender for a high-performing Smoky Mountain STR.
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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%.
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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 26, 2026 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Tennessee Elite Realty | $449,900 | |
| Listed by Tennessee Elite Realty | |||
| May 12, 2022 | Listed by Prime Mountain Properties | $535,000 | |
| Listed by Prime Mountain Properties | |||
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Mountain views without the steep roads! Adorable cabin on 1.15 acres 15 minutes from Gatlinburg and 20 min from Dollywood. Open concept main floor with cathedral ceilings and wood floors. Living area with stacked stone gas fireplace, fully equipped kitchen, dining area and pool table/air hockey combo. Bunk area with flat screen TV and foosball. Lower level master with whirlpool tub and full bathroom. Main level covered deck with mountain views, BBQ grill, and rockers. Lower level screened deck with hot tub. Grossed $58,719 in 2021.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017