Location, location, location! Just minutes from the main Parkway in Pigeon Forge, this Smoky Mountain retreat on Ridge Road combines outstanding proximity to area attractions, dining, shopping, and entertainment with the privacy of a wooded mountain setting.The property features a charming 480-square-foot honeymoon cabin currently operating as a short-term rental with an established rental history. Inside, guests are welcomed by rustic mountain character, a cozy gas fireplace, and updates completed within the past year designed to enhance comfort and overall guest appeal.The cabin generated approximately $36,000 in gross rental revenue last year. Using an estimated 30% operating-expense allowance, the property would produce an estimated $25,200 NOI, representing an approximate 8.4% cap rate at the $300,000 list price.Whether you're looking to expand your short-term rental portfolio, purchase a Smoky Mountain getaway, or acquire an investment property close to the heart of Pigeon Forge, this cabin offers an attractive combination of location, rental history, and income potential.Rental figures, expenses, NOI, and cap rate are estimates and are provided for informational purposes only. Buyers should independently verify all financial information and short-term rental requirements.
Listed By
Agency Name: MG Rise Real Estate Group
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 755.17 per month $667.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $87.50 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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2036 Ridge Rd | MLS# 1335525
This single family home located at 2036 Ridge Rd, Pigeon Forge, TN 37863 is currently listed for sale with an asking price of $300,000. This property was built in 1993 and has 1 bedrooms and 1 full baths with 480 sq. ft. Ridge Rd is located in the Honeymoon Gardens PUD subdivision. Search Honeymoon Gardens PUD real estate on www.clhomes.com today.