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605 Cherry Blossom Way
About This Property
Inside, the cabin showcases an open-concept main level with soaring vaulted ceilings, rich tongue-and-groove walls, and a stacked-stone gas fireplace that create a high-end, ''experience stay'' feel that photographs beautifully for online marketing. The upgraded kitchen features granite countertops, stainless-steel appliances, dishwasher, microwave, coffee maker, and a dedicated dining area, providing the functionality guests expect for longer, higher-value bookings. Upstairs, a true wellness suite elevates this property above standard inventory, with two heated tile loungers, two massage chairs, and an infrared sauna, all set within a thoughtfully designed relaxation space that turns every stay into a spa-style retreat. A separate home theater area, complete with flat-screen televisions, movie theater setup, and a 60-in-one game console, adds another layer of differentiation and keeps guests engaged on-site.
The exterior amenities are equally geared toward maximizing guest satisfaction and repeat bookings: a covered outdoor porch with illuminated cherry blossom trees, comfortable seating, and a large hot tub creates a signature atmosphere that guests remember and mention in reviews. The outdoor kitchen and gas grill support ''stay-and-play'' usage. Practical features like central heat and air, washer/dryer, internet access, towels and linens provided, pet-friendly policy, paved flat driveway with parking for two, and motorcycle-friendly access make turnovers efficient and broaden the potential guest pool. With its blend of unique spa features, robust entertainment options, and quality finishes throughout, 605 Cherry Blossom Way offers investors a turnkey, experience-driven asset engineered to drive strong ADRs, occupancy, and repeat business. **Setup on rental as a luxury spa experience cabin with 1BR and the spa setup in the loft which could be set back up as a second bedroom.
Guests can also enjoy access to the community pool, and the clubhouse may be reserved for special events or gatherings, adding even more convenience and enjoyment during their stay.
Check out the 3D tour and video! Video link HERE: https://www.youtube.com/embed/O6HbPdbGz3E (copy and paste)
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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 20, 2026 | Price Decreased |
$600,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Tennessee Elite Realty | $610,000 | |
| Listed by Tennessee Elite Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017