940 Buck Way
About This Property
Welcome to 'Mountain Blessing'! This adorable turnkey cabin in the Douglas Lake Resort offers beautiful mountain views, lake views and lake access from the community boat ramp. With 3-bedrooms and 2.5 bathrooms this cabin has plenty of room for you and your guests. The soaring ceilings over the great room give it a very open feel. The stone facade gas burning fireplace adds to the cozy charm. You have two bedrooms, and two full bathrooms on the main level, and upstairs you have a huge loft bedroom complete with a separate sitting area, and a half bath for added comfort and convenience. Step outside onto the wrap around deck complete with a relaxing hot tub and fantastic mountain views. Douglas Lake Resort amenities include a seasonal pool, hot tub, and boat ramp access to Douglas Lake where you can enjoy boating, kayaking, and fishing. Only a short drive to Dollywood, Pigeon Forge, and so much more. *Drone photography used in some photographs.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Price Decreased |
$449,900
↓ $25K
(5.3%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by Keller Williams (Alcoa) | $485,000 | |
| Listed by Keller Williams (Alcoa) | |||
| Jan 31, 2026 | No longer available | - | |
| No longer available | |||
| Dec 27, 2025 | Price Decreased |
$490,000
↓ $19K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017