8113 W Old Highway 73
About This Property
The current owners have skillfully remodeled the historic 1940s cabins. This 0.51-acre property includes 3 smaller cabins, each measuring 24 ft by 27 ft with 648 sq ft each, and one larger cabin measuring 24 ft by 30 ft for 720 sq ft, currently occupied by the owners. At the back, there's a renovated building measuring 16 ft by 64 ft, totaling 1,024 sq ft, bringing the entire space to 3,688 sq ft. The property has recently begun STR rentals for the three smaller cabins and guests are leaving 5 star reviews. It features shared outdoor amenities such as a covered patio, outdoor seating, a dining area, and a gas grill. Each unit is equipped with amenities like a Smart TV, sitting area, kitchenette, refrigerator, microwave, toaster, and cooking essentials, alongside central heating and air conditioning. The possibilities are endless. Its prime location near the Great Smoky Mountains National Park offers access to dining, entertainment, fishing, tubing, horseback riding, and more. This property is one you don't want to miss. Contact us today to schedule a viewing.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Listed by Mountain Realty Group | $1,000,000 | |
| Listed by Mountain Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017