3956 Millers Ridge Way
About This Property
It sleeps six across a king, a queen, and a twin with trundle. The living area centers on a wood burning fireplace, the kitchen is fully stocked for guests who actually cook, and there's a dedicated workspace with 493 Mbps internet.
Outside is where guests linger: private hot tub, fire pit, charcoal grill, and trees in every direction. Summer guests also get access to the Honey Suckle Meadows community pool (optional membership) - a real amenity without the cost, liability, or maintenance of a private one. Currently pet friendly, which opens up a chunk of the market most cabins turn away and puts pet fees straight on the top line.
Three parking spaces, washer and dryer, and paved road access off South Clear Fork Road. Roughly 25 minutes to the Parkway in Pigeon Forge, 30 to Dollywood, 35 to downtown Gatlinburg.
Sold furnished and rent ready. Trailing financials available upon request.
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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 13, 2026 | Listed by eXp Realty, LLC 7720 | $529,999 | |
| Listed by eXp Realty, LLC 7720 | |||
| Nov 22, 2023 | No longer available | - | |
| No longer available | |||
| Nov 10, 2023 | In contract | - | |
| In contract | |||
| Oct 24, 2023 | Price Decreased |
$639,500
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Oct 13, 2023 | Listed by Realty Executives Associates | $649,900 | |
| Listed by Realty Executives Associates | |||
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Welcome to this serene and updated retreat just a few miles from the Foothills Parkway and Wears Valley. This cozy 2 bedroom, 2 bathroom cabin offers charm and privacy perfect for your next getaway. Guests are sure to enjoy being together in the open concept living space, gathering around the outdoor areas, relaxing in the hot tub, and making s'mores by the fire-pit. Whether you are looking for your own private retreat or a cash flowing investment, this cabin has it all! Recent updates have been completed (Over $60,000 in upgrades). This property comes with rental projections from multiple management companies ranging from $70,000-80,000 annually along with a guaranteed annual rental income of $70,000 from Venture Resorts. The manager has listed the unit size as 1169 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017