31
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820 Old Gate Rd
About This Property
*Drone photography used.
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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 |
|---|---|---|---|
| Dec 14, 2025 | Listed by Keller Williams (Alcoa) | $5,900,000 | |
| Listed by Keller Williams (Alcoa) | |||
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Rare find just off the strip in Pigeon Forge! Incredible investment opportunity! Electric, Water, and Sewer on property! 16.22 Acres In The Heart of Pigeon Forge, just a short walk from the Parkway, and directly beside Camp Margaritaville RV Resort & Lodge. Property is currently zoned R-2, just waiting for you to build your hotel, cabin development, mixed residential, high density, or mobile home / RV park. You could even build your dream home on your own private estate. All of the essential utilities are in place including water, sewer, and electric onsite and ready for your plans. Only minutes from Dollywood, Tanger Outlets, and all of the fun and attractions that Pigeon Forge has to offer. It's only a short distance to Gatlinburg, and the Great Smoky Mountain National Park too. This property also has two existing cabins that are currently occupied, used as long-term rentals. Cabin #1 is a 3-bedroom, 2-bath, and Cabin #2 is a 2- bedroom, 2-bath. Property is currently taxed Agricultural. *Drone photography used.
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| Oct 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 2, 2024 | Listed by Keller Williams | $5,900,000 | |
| Listed by Keller Williams | |||
| Feb 1, 2024 | Listed by Keller Williams | $7,500,000 | |
| Listed by Keller Williams | |||
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Bring all reasonable offers! Incredible investment opportunity! 16.22 Acres In The Heart of Pigeon Forge, just a short walk from the
Parkway, and directly beside Camp Margaritaville RV Resort & Lodge. Property is currently zoned R-2, just waiting for you to build your hotel, cabin
development, mixed residential, high density, or mobile home / RV park. You could even build your dream home on your own private estate. All of the
essential utilities are in place including water, sewer, and electric onsite and ready for your plans. Only minutes from Dollywood, Tanger Outlets, and all of
the fun and attractions that Pigeon Forge has to offer. It's only a short distance to Gatlinburg, and the Great Smoky Mountain National Park too.
This property also has two existing cabins that are currently occupied, used as long-term rentals. Cabin #1 is a 3-bedroom, 2-bath, and Cabin #2 is a 2-
bedroom, 2-bath. Property is currently taxed Agricultural.
*Drone photography used.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017