827 Mill Creek Rd
About This Property
The fully finished basement transforms into an entertainment haven, complete with a game room and half bath. Step outside to a serene backyard oasis featuring a hot tub, fire pit, and a deck overlooking the creek, an ideal spot to unwind with nature's soundtrack. Located just minutes from the Parkway in Pigeon Forge, this property offers a prime short-term rental opportunity or a dream getaway for large families.
Whether you're seeking a high-return Airbnb or your own private escape, this versatile, income-producing gem is ready for you!
For primary residential only, receive 1% rate reduction for 12 months when using seller's preferred lender at no cost to the buyer.
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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 |
|---|---|---|---|
| Feb 13, 2026 | Listed by Keller Williams Realty | $750,000 | |
| Listed by Keller Williams Realty | |||
| Feb 24, 2025 | Listed by Keller Williams Realty | $774,000 | |
| Listed by Keller Williams Realty | |||
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An incredible investment opportunity or private retreat awaits—two fully furnished homes in one unbeatable location! Nestled on over an acre, this stunning property offers a spacious 4-bedroom, 2.5-bath main cabin and a charming tiny home that can be rented together or separately. Inside the main cabin, hardwood floors flow throughout, leading to a fully equipped kitchen with granite countertops and stainless steel appliances. The cozy warmth of two gas fireplaces sets the perfect atmosphere, while two updated full baths add a touch of modern comfort.
The fully finished basement transforms into an entertainment haven, complete with a game room and half bath. Step outside to a serene backyard oasis featuring a hot tub, fire pit, and a deck overlooking the creek—an ideal spot to unwind with nature's soundtrack. Located just minutes from the Parkway in Pigeon Forge, this property offers a prime short-term rental opportunity or a dream getaway for large families.
Whether you're seeking a high-return Airbnb or your own private escape, this versatile, income-producing gem is ready for you!
Receive 1% rate reduction for 12 months when using seller's preferred lender.
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| Jul 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 16, 2023 | In contract | - | |
| In contract | |||
| Jun 8, 2023 | Relisted | $829,990 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017