35
Map
640 Forest Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by Prime Mountain Properties | $415,000 | |
| Listed by Prime Mountain Properties | |||
| | |||
|
Located within the city limits of Pigeon Forge and just minutes from top attractions, this well‑maintained 1‑bedroom, 2‑bath cabin presents an excellent short‑term rental opportunity or a peaceful mountain getaway. Situated approximately seven minutes from Dollywood, five minutes from The Island, and six minutes from the LeConte Convention Center, the property benefits from year‑round guest demand and unbeatable convenience for vacationers and event travelers alike. With a versatile layout that includes a spacious main level and a second bath for added guest comfort, this cabin is designed for both rental performance and personal enjoyment.
Inside, the home offers an open living space with plenty of natural light, a well‑appointed kitchen, and comfortable seating areas that invite relaxation after a day exploring the Smokies. The primary bedroom provides a private retreat, while the second full bathroom adds convenience and flexibility for visiting guests. Thoughtful design and functional flow between spaces make the cabin feel larger than its footprint, and the finishes and fixtures have been maintained to a high standard that guests consistently appreciate.
Outdoors, the cabin is set in a quiet, wooded area that still keeps you close to Pigeon Forge's dining, shopping, and entertainment hubs. The proximity to local attractions, combined with the ease of access provided by city roads and utilities, supports strong rental performance throughout the year. Whether you're expanding your short‑term rental portfolio or looking for a turnkey vacation property with income potential, this cabin delivers on multiple fronts — location, layout, and lifestyle.
| |||
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Aug 2, 2022 | Listed by Prime Mountain Properties | $575,000 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017