477 Klondike Circle
About This Property
Panoramic Smoky Mountain views and unmatched convenience highlight this well-located home in Kodak. Just minutes to I-40, with easy access to Sevierville, Pigeon Forge, Knoxville, Jefferson City, Morristown, and Douglas Lake. The main level features an open floor plan filled with natural light, offering 3 bedrooms and 2 full bathrooms with a functional, easy-flow layout. An oversized covered deck provides a front-row seat to the mountain views and a perfect outdoor living space. The lower level adds flexibility with bonus rooms, a full bathroom, and a basement garage--ideal for additional living, workspace, or storage options. The backyard extends to the road below, helping preserve the view, while the fenced front yard and large outdoor areas provide defined and usable space. Roof is less than 3 years old. Convenient to Carson-Newman University, Walters State Community College, and the University of Tennessee. A rare combination of views, location, and versatility--schedule your showing today.
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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 |
|---|---|---|---|
| May 9, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Listed by New Direction Real Estate, LLC | $399,900 | |
| Listed by New Direction Real Estate, LLC | |||
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**Highest and Best offers due by Friday 3/27 at 12:00 PM.**
Panoramic Smoky Mountain views and unmatched convenience highlight this well-located home in Kodak. Just minutes to I-40, with easy access to Sevierville, Pigeon Forge, Knoxville, Jefferson City, Morristown, and Douglas Lake. The main level features an open floor plan filled with natural light, offering 3 bedrooms and 2 full bathrooms with a functional, easy-flow layout. An oversized covered deck provides a front-row seat to the mountain views and a perfect outdoor living space. The lower level adds flexibility with bonus rooms, a full bathroom, and a basement garage--ideal for additional living, workspace, or storage options. The backyard extends to the road below, helping preserve the view, while the fenced front yard and large outdoor areas provide defined and usable space. Roof is less than 3 years old. Convenient to Carson-Newman University, Walters State Community College, and the University of Tennessee. A rare combination of views, location, and versatility--schedule your showing today.
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| Aug 24, 2019 | No longer available | - | |
| No longer available | |||
| Aug 15, 2019 | Price Decreased |
$261,500
↓ $8K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017