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Awning Analysis
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Schools
Market Statistics
Demographics
639 GATLINBURG FALLS WAYGatlinburg, TN 37738
$674,900  
1  Bd
2  Ba
1,404  Sq. Ft.
Like Property
Key Insights
B-
Overall Niche neighborhood gradeThis neighborhood is a desirable place to live! See details
B
Overall Niche school gradeThe public schools in this area are good! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$29040

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.


Renovation Cost Estimate

$7,000

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located 10 minutes drive from Downtown Gatlinburg and 15 minutes drive from Dollywood and The Island in Pigeon Forge
  • The home has an HOA fee of $288/per month
  • The home is not located in a flood zone
  • Current Airbnb, check out the link here


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010

Description
Gross Rental Income for 2022 to be 65-68k!!! 80+ reviews with a 4.8+ AirBNB rating! Stellar 1BR/2BA income producing cabin with 1404 sqft in prime location in Gatlinburg Falls community, located just minutes from Parkway and downtown Gatlinburg. Excellent location with no scary mountain roads. Cabin has both city water and city sewer, so no septic tank or well to maintain. Interior cabin is the perfect balance of rustic and modern, with exposed beams and metal finishes, combined with popular amenities like a fully stocked game room with pool table, foosball table, TV & video games. HOA provides community pool, road maintenance/clearing & grounds maintenance, as well as highly sought after underground Utilities (including high broadband speeds up to 600MB WiFi). Cabin has been well-maintained and exterior was re-stained in 2022.
Read more
Listed by: Matt Castle · DRE#: 5255 · eXp Realty, LLC NashvilleSource: MLS logo gsmaor · MLS#: 254882 · Originating MLS: Great Smoky Mountains AORAwning last checked: today at 8:21 AM | Last updated yesterday at 2:12 PMListing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$481
$/Unit
$674,900
Lot size
-
Built in
2003
Days on Awning
11

Copyright: Listing Information © 2022 Great Smoky Mountains Association of Realtors®. All Rights Reserved.Disclaimer: All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$6,550

NeighborhoodGet to know what living in 37738 is like.
Report Card for 37738Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B-

Public Schools
B
Commute
A
Cost of Living
B
Crime & Safety
B
Diversity
B
Good for Families
B-
Jobs
B-
Walkability
B
Data provided by Niche.

Living in 37738
Bars
B-
Coffee Shops
A+
Health & Fitness
C+
Nightlife
A-
Outdoor Activities
C+
Parks
C
Restaurants
A-
Weather
B-
Data provided by Niche.

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Schools in 37738
School data is not available for this listing.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37738 StatsSee how this home compares to the zip code medians.
37738 Median
Home Value
$207,700
Rent
$797
Rent-to-Income
22.4%
Income
$42,614
This Home
Listing Price
$674,900225% higher than zip
Rent
$2,140169% higher than zip
Rent to Income
60.3%169% higher than zip
Market statistics provided by Niche.


Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 37738
    $57k
  • County
    $61k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37738
    5,447
  • Average in County
    6,168

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3773863%
% Owner Occupied for County77%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3773850%
% White Collar for County53%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3773820%
County15%

Age Distribution 37738
See the distribution of people by age in 37738.
Under 2020%
20 - 4429%
45-6428%
65+24%