4355 Forest Ridge Way
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 |
|---|---|---|---|
| Mar 22, 2026 | Listed by Tennessee Elite Realty | $1,199,900 | |
| Listed by Tennessee Elite Realty | |||
| Aug 17, 2025 | No longer available | - | |
| No longer available | |||
| Mar 4, 2025 | Listed by Tennessee Elite Realty | $1,339,900 | |
| Listed by Tennessee Elite Realty | |||
| | |||
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WOW FACTOR! MASSIVE TURNKEY INCOME PRODUCING 5BR/5BA INDOOR POOL CABIN/LODGE WITH THEATRE ROOM, GAMEROOM, AND MOUNTAIN VIEWS IN PIGEON FORGE, TN! MANY RECENT UPGRADES THROUGHOUT! Gross income $194,807 for 2021 in nightly rental rate only no added in fees! 2022 gross income $176,577. This luxury lodge has all the amenities needed to maximize ROI! Interior features include tongue and groove walls and ceilings, vaulted ceilings, lots of space for entertaining, fixed glass windows, and setup to maximize sleep space. Spacious kitchen with double refrigerators, microwaves, and stove/ovens, tile floors, granite countertops, plenty of cabinet space, an island for additional seating, stainless appliances, and an eat in dining area. This cabin has an open floorplan with wood look flooring throughout, a living room with stone accented fireplace for relaxing, and plenty of seating on the leather couches and recliners. Master Suite is located on the main level. Three Master Suites with King beds, one suite with two king beds, and one bedroom has two queen beds. Enjoy the theatre room with theatre seating to catch a movie! Gameroom arcade with pool table and gases for entertaining, and a nice heated indoor pool room to take a dip! Multiple levels of covered decking with hot tub and outdoor seating. Convenient location only minutes to Pigeon Forge area attractions, dining, shopping, Dollywood, and a short drive to Gatlinburg to visit the Great Smoky Mountains National Park for sightseeing and hiking! Located in a desirable and upscale resort, Sherwood Forest with a community pool to enjoy, gated entrance, and nice paved roads for easy access. Must see! ***CHECK OUT THE VIDEO WALK THROUGH***
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| Nov 3, 2023 | Listed by Tennessee Elite Realty | $1,339,900 | |
| Listed by Tennessee Elite Realty | |||
| |||
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MOTIVATED SELLER!!! WOW FACTOR! MASSIVE TURNKEY INCOME PRODUCING 5BR/5BA INDOOR POOL CABIN/LODGE WITH THEATRE ROOM, GAMEROOM, AND MOUNTAIN VIEWS IN PIGEON FORGE, TN! MANY RECENT UPGRADES THROUGHOUT! Gross income $194,807 for 2021 in nightly rental rate only no added in fees! 2022 gross income $176,577. This luxury lodge has all the amenities needed to maximize ROI! Interior features include tongue and groove walls and ceilings, vaulted ceilings, lots of space for entertaining, fixed glass windows, and setup to maximize sleep space. Spacious kitchen with double refrigerators, microwaves, and stove/ovens, tile floors, granite countertops, plenty of cabinet space, an island for additional seating, stainless appliances, and an eat in dining area. This cabin has an open floorplan with wood look flooring throughout, a living room with stone accented fireplace for relaxing, and plenty of seating on the leather couches and recliners. Master Suite is located on the main level. Three Master Suites with King beds, one suite with two king beds, and one bedroom has two queen beds. Enjoy the theatre room with theatre seating to catch a movie! Gameroom arcade with pool table and gases for entertaining, and a nice heated indoor pool room to take a dip! Multiple levels of covered decking with hot tub and outdoor seating. Convenient location only minutes to Pigeon Forge area attractions, dining, shopping, Dollywood, and a short drive to Gatlinburg to visit the Great Smoky Mountains National Park for sightseeing and hiking! Located in a desirable and upscale resort, Sherwood Forest with a community pool to enjoy, gated entrance, and nice paved roads for easy access. Must see! ***CHECK OUT THE VIDEO WALK THROUGH***
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| Jul 6, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017