4534 Whetstone Rd
About This Property
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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.
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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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Keller Williams Smoky Mountain | $940,000 | |
| Listed by Keller Williams Smoky Mountain | |||
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Absolutely incredible 3 bedroom, 3 bath luxury log cabin, on 1.17 acres, with beautiful mountain views. Located in the Homestead in Wears Valley, which offers wide paved roads, underground utilities, 300+acres of greenspace, walking trails, picnic areas and pavilions. Currently used as a primary residence, this cabin has been immaculately maintained, but will make an incredible STR! Spread out over 3 levels and 2,839 square feet, this well appointed cabin has all the features, including a whole home generator, needed to deliver the perfect Smoky Mountain cabin experience. The beautiful wood interior, abundance of hand carved details, soaring cathedral ceiling and exposed beams are the epitome of log cabin living. The living area features a stunning wall of windows, floor-to-ceiling stacked-stone gas fireplace and three separate doors leading to the oversized, wrap-around deck. Just beyond the living area is a beautiful, fully enclosed sunroom/dining room with exterior access on both sides and a convenient pass through to the fully equipped kitchen. The main level is also home to a large primary bedroom suite, complete with an en-suite bathroom, featuring a custom tiled walk-in shower. Head upstairs where you'll find a lovely loft sitting area, perfect for taking in the mountain views. The upper level also features the second spacious bedroom and full bathroom. In the lower level, countless hours of fun will be had in the game room, which is home to a pool table, table tennis conversion top, darts, a wet bar and vintage style popcorn machine. The third bedroom and full bathroom, as well as a stacked washer/dryer, are also located on the lower level. Rounding out the lower level is a comfortable family room with direct deck access. There's also plenty of space to relax and have fun outside! Both the main and lower levels feature spacious decks with plenty of outdoor seating and views of the surrounding mountains. The screened in lower level deck features a relaxing outdoor hot tub and access to the large yard and beautifully maintained grounds, where you are guaranteed to see plenty of wildlife passing through! As if all this wasn't enough, a 2 car garage has been added and features a large, finished bonus room upstairs. Planning to use the property as an STR? Imagine the value added by creating an indoor putt-putt course on the main level and a home theater upstairs! Just minutes away is the Honeysuckle Meadows swimming pool and deli, as well as a private catch & release fishing pond, offering both annual & day passes. This will be the cabin everyone wants to rent! You don't want to miss this one! Sellers have taken extreme care in maintaining the cabin including: routine HVAC inspection, well inspection, water testing for bacteria & metal levels and monthly pest control. Local management company projects revenue +$90K.
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| Sep 4, 2024 | Listed by JustHomesGroup | $940,000 | |
| Listed by JustHomesGroup | |||
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Discover your own slice of paradise in this exquisite luxury mountain retreat, perfectly nestled in the heart of nature's splendor in Sevierville TN. This stunning property boasts unparalleled mountain views that stretch as far as the eye can see, best enjoyed from the expansive wrap-around balcony where you can immerse yourself in the beauty of the surrounding landscape.
Wildlife enthusiasts will delight in sightings of live bears and rare bird species, making this home a true haven for nature lovers. The upgraded two-car garage features a beautifully appointed craft room above, offering privacy and comfort for extra mountain viewing and crafts.
Step inside to find a meticulously crafted interior, where a grand stack stone fireplace serves as the centerpiece of the living area, creating a warm and inviting atmosphere. The hand-carved entertaining spaces add a touch of rustic elegance, perfect for hosting gatherings that flow seamlessly from indoors to the breathtaking outdoor areas.
Unwind in the hot tub, dine al fresco in the outdoor dining space, or challenge friends to a game of pool in the well-equipped game room. Multiple outdoor seating areas provide the perfect setting for relaxation, all while being surrounded by the serene sounds of nature.
This property also features security systems and private use facilities, ensuring peace of mind and exclusivity. Whether you're bird watching, soaking in the hot tub, or simply enjoying the serenity of your surroundings, this mountain retreat offers an unparalleled lifestyle of luxury and tranquility.
Cabin was restained two years ago, and comes mostly furnished. Nothing Cardinals related stays. There is a 500 gallon above ground gas tank, serviced by Sevierville Propane, hot water heater is gas, furnace is gas, fireplace is gas. One bedroom per floor. Screened in porch and walk out porches with views facing the Smoky Mountains. Generac Whole Home Generator stays, home serviced by Johnsons Pest Control.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017