435 Hemlock 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 |
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| Jan 7, 2026 | Listed by Home and Farms Inc | $889,000 | |
| Listed by Home and Farms Inc | |||
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Turnkey Smoky Mountain investment property featuring a fully renovated 3BR/3BA modern cabin designed for strong short-term rental income and guest-driven performance. This Airbnb-ready property blends high-end finishes, updated interiors, and trending design elements that today's renters actively search for.
Recently updated throughout, the home showcases open-concept living spaces, upscale materials, and a clean, modern-rustic aesthetic--a proven formula for higher nightly rates and improved guest satisfaction. The multi-level layout is ideal for hosting families and groups, maximizing both comfort and occupancy.
A fully finished lower level expands the property's earning potential with additional sleeping space and a dedicated game room--one of the most in-demand amenities for Smoky Mountain cabins, helping drive longer stays and repeat bookings.
With sleeping capacity for up to 10 guests, this income-producing cabin is strategically positioned for consistent year-round demand. Offered fully furnished and turnkey, this is a true plug-and-play STR investment opportunity with immediate revenue potential.
Ideally located between Gatlinburg and Pigeon Forge, and just minutes from Great Smoky Mountains National Park, this property offers the perfect balance of accessibility and a private mountain setting--key factors that drive booking performance.
Whether you're entering the Smoky Mountain short-term rental market or expanding your portfolio with a high-demand, modernized cabin, this property is built to deliver cash flow, guest appeal, and long-term investment value.
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| Mar 12, 2024 | Sold | ||
| Sold | |||
| Feb 9, 2024 | Listed by Tennessee Elite Realty | $879,000 | |
| Listed by Tennessee Elite Realty | |||
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Prime Investment Opportunity! This 3-bed, 3-bath home, with over 2100 sq ft, offers a blend of comfort and style. The separate spa pavilion adds a touch of luxury, attracting renters seeking an exceptional vacation experience. Strategically located between Gatlinburg and Pigeon Forge, it provides tranquility within proximity to the area's attractions. Ideal for savvy investors, this property's unique features position it as a lucrative venture in the thriving vacation rental market. With spacious living and a luxury spa, it caters to families and groups looking for a memorable Smoky Mountain getaway. Setup to comfortably sleep 10 and being sold furnished. Schedule your viewing to explore the interiors, envision rental potential, and secure your spot in this sought-after market. Whether you're a seasoned investor or new to vacation rentals, this property is your gateway to success in the heart of the Smoky Mountains! Incredible rental projections available upon request!
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| Aug 30, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Tennessee Elite Realty | $399,000 | |
| Listed by Tennessee Elite Realty | |||
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INVESTMENT OPPORTUNITY! This 3/2 home sits conveniently between Pigeon Forge & Gatlinburg in the peaceful Buena Vista Resort Community only minutes away from all the area attractions yet tucked away in a quiet setting! Provide your guests with a kayak so they can enjoy the large community pond! Already Partially renovated and being used as overnight rental. This place has endless possibilities for upgrading the rental potential. You could finish out the basement (872 sf) or enclose the carport (317 sf) to gain extra square footage. In addition there is a storage building you could use for a personal sauna or hot tub area. All furniture/furnishing do convey. HOA covers community water - maintained/tested monthly by a certified state well tech and common area insurance as well as grounds keeping around the community pond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017