1404 S Baden Dr
Gatlinburg, TN 37738
$899,900
5 bd · 4 ba · 2,414 sqft · Listed 1d ago
View on Realtor.com →Year built
1970
Sqft
2,414
Lot sqft
14,810
HOA / mo
None
Furnished
No
List date
2026-10-03T23:55:36.000000Z
Revenue
Annual revenue
$99,259
ADR
$461
Occupancy
59%
Cleaning fees (12 mo)
$15,273
Confidence
Low (46.91), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $73,679
Bear Crossing
Vacation home · 5 bd · 4 ba · sleeps 12 · 0.1 mi
Revenue $67,505ADR $296Occ ≈ 62%—
Free Arcade Room- Great views-1/2 Mi Ski Slopes, 3 Mi. Dwntwn
Chalet · 5 bd · 3 ba · sleeps 14 · 0.2 mi
Revenue $59,559ADR $300Occ ≈ 54%4.4★ (272)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
9Min to Gatlinburg:Lux Cabin, Pool, View, Gameroom Cabin | 5 bd · 3 ba · sleeps 12 | $180,389 | $546 | 91% | 5★ (232) | 207 ft | AirbnbVrbo |
Firepit, Game Rm, New Hot Tub, A+ Location! Cabin | 5 bd · 4 ba · sleeps 16 | $113,413 | $545 | 57% | 4.8★ (131) | 0.1 mi | AirbnbVrbo |
2Miles to DTWN & GSMNP • 3 Pools • Theater •3Decks Cabin | 5 bd · 5 ba · sleeps 12 | $31,163 | $483 | 18% | 5★ (14) | 0.1 mi | AirbnbVrbo |
Bear Crossing Vacation home | 5 bd · 4 ba · sleeps 12 | $67,505 | $296 | 62% | — | 0.1 mi | Booking |
Newly Updated w. Game Room + Hot Tub Cabin | 5 bd · 4.5 ba · sleeps 12 | $62,290 | $570 | 30% | 4.2★ (83) | 0.2 mi | AirbnbVrboBooking |
LegacyLdg: Views*HotTub*Wi-Fi*Theater*Games*ResPool Cabin | 5 bd · 5 ba · sleeps 12 | $24,884 | $495 | 14% | 5★ (2) | 0.2 mi | AirbnbVrbo |
Free Arcade Room- Great views-1/2 Mi Ski Slopes, 3 Mi. Dwntwn Chalet | 5 bd · 3 ba · sleeps 14 | $59,559 | $300 | 54% | 4.4★ (272) | 0.2 mi | Vrbo |
Top Resort-Prime Location-3 Kings-Hot Tub-Games Cabin | 5 bd · 4 ba · sleeps 12 | $124,970 | $477 | 72% | 5★ (299) | 0.2 mi | AirbnbVrbo |
2Miles to GSMNP & DTWN• HotTub • Pools • 3Decks • Cabin | 5 bd · 5 ba · sleeps 12 | $698 | $349 | 1% | 5★ (2) | 0.2 mi | AirbnbVrbo |
5BR/5BA Cabin, 5 mins to G'burg, Hot Tub/Game Room Cabin | 5 bd · 4.5 ba · sleeps 14 | $84,861 | $558 | 42% | 4.8★ (148) | 0.2 mi | AirbnbVrbo |
Show 27 more
Honey Bear Treehouse by Avada Properties
Vacation home · 5 bd · 3 ba · sleeps 14 · 0.3 mi
Revenue $61,307ADR $236Occ ≈ 71%0.5★ (1)
Tree Tops Rise Above It All
Chalet · 5 bd · 3 ba · sleeps 12 · 0.3 mi
Revenue $46,053ADR $346Occ ≈ 36%5★ (1)
"A Spectacular View to Remember" 5 Bedroom Cabin
House · 5 bd · 5 ba · sleeps 14 · 0.4 mi
Revenue $69,470ADR $737Occ ≈ 26%—
"Amazing Views to Remember" 5 Bedroom Cabin
House · 5 bd · 5 ba · sleeps 12 · 0.5 mi
Revenue $36,241ADR $765Occ ≈ 13%—
Picture-Perfect great views no neighbors
Cabin · 5 bd · 5 ba · sleeps 12 · 0.5 mi
Revenue $155,254ADR $570Occ ≈ 75%5★ (124)
Gatlinburg Mansion By Avada Properties
Vacation home · 5 bd · 4 ba · sleeps 14 · 0.5 mi
Revenue $46,470ADR $249Occ ≈ 51%3.9★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Neighbors to Ober Gatlinburg - Resort Amenities Cottage | 5 bd · 3 ba · sleeps 14 | $51,234 | $453 | 31% | 3.1★ (5) | 0.2 mi | AirbnbVrboBooking |
Tyrolea Lodge - Great Family Getaway Location Chalet | 5 bd · 4 ba · sleeps 16 | $100,651 | $660 | 42% | 5★ (237) | 0.2 mi | AirbnbVrbo |
Relax, Reconnect & Enjoy the View Chalet | 5 bd · 4.5 ba · sleeps 16 | $82,962 | $564 | 40% | 4.8★ (135) | 0.2 mi | AirbnbVrbo |
Honey Bear Treehouse by Avada Properties Vacation home | 5 bd · 3 ba · sleeps 14 | $61,307 | $236 | 71% | 0.5★ (1) | 0.3 mi | Booking |
Tree Tops Rise Above It All Chalet | 5 bd · 3 ba · sleeps 12 | $46,053 | $346 | 36% | 5★ (1) | 0.3 mi | Booking |
Sky High Smoky Mtn. Views - Steps from Downtown Cabin | 5 bd · 3 ba · sleeps 12 | $67,719 | $415 | 45% | 4.9★ (16) | 0.3 mi | AirbnbVrbo |
The Edelweiss Estate Villa | 5 bd · 3 ba · sleeps 12 | $18,123 | $294 | 17% | 4.3★ (92) | 0.4 mi | AirbnbVrboBooking |
Smoky Mountain Skies - Mountain views + a hot tub! Cabin | 5 bd · 4.5 ba · sleeps 12 | $154,829 | $628 | 68% | 4.9★ (35) | 0.4 mi | AirbnbVrboBooking |
Mountain Views, XL Hot Tub, Grill, Bunks! Chalet | 5 bd · 4.5 ba · sleeps 12 | $105,260 | $606 | 48% | 4.9★ (79) | 0.4 mi | AirbnbVrbo |
Luxury Cabin: Views, Pools, Game Room, Firepit Cabin | 5 bd · 3 ba · sleeps 14 | $168,765 | $559 | 83% | 5★ (301) | 0.4 mi | AirbnbVrbo |
"A Spectacular View to Remember" 5 Bedroom Cabin House | 5 bd · 5 ba · sleeps 14 | $69,470 | $737 | 26% | — | 0.4 mi | Airbnb |
Sleeps 18 | Hot Tub, Theater & Game Room, Views Cabin | 5 bd · 5 ba · sleeps 16 | $107,623 | $715 | 41% | 5★ (125) | 0.4 mi | AirbnbVrbo |
New! Views, Spa, Sauna, Fire Pit & Cantina | Dogs House | 5 bd · 4.5 ba · sleeps 12 | $119,533 | $686 | 48% | 5★ (12) | 0.4 mi | AirbnbVrbo |
Ski View Getaway:Views*Pets*ResortPool*HotTub*Wifi Cabin | 5 bd · 3 ba · sleeps 12 | $60,302 | $523 | 32% | 4★ (24) | 0.4 mi | AirbnbVrbo |
*NEW* Sleeps 22 | 5BR | Luxury Chateau Indoor Pool Cabin | 5 bd · 4.5 ba · sleeps 16 | $85,690 | $784 | 30% | 4.8★ (8) | 0.4 mi | AirbnbVrbo |
S’mores & Campfire Fun*Crisp Autumn Nights*Bears Cabin | 5 bd · 4 ba · sleeps 14 | $88,276 | $384 | 63% | 4.6★ (324) | 0.4 mi | AirbnbVrbo |
Spectacular Views of the Smokies! Cabin | 5 bd · 3 ba · sleeps 12 | $73,679 | $340 | 59% | 4.2★ (174) | 0.4 mi | AirbnbVrbo |
Halfway to Heaven | Hot Tub, Game Room & Views Cabin | 5 bd · 4 ba · sleeps 14 | $2,544 | $254 | 3% | — | 0.4 mi | AirbnbVrbo |
Picture Perfect 925 - Mountain Views That Amaze Cabin | 5 bd · 5 ba · sleeps 12 | $146,999 | $611 | 66% | 4.8★ (35) | 0.4 mi | AirbnbVrbo |
*Spacious 5BD Lodge w/ HOT TUB! Theater + FirePit* Cabin | 5 bd · 4 ba · sleeps 14 | $97,964 | $494 | 54% | 4.3★ (39) | 0.5 mi | AirbnbVrbo |
Stunning Views, Hot Tub, 3 Decks: Gatlinburg Cabin Cabin | 5 bd · 5 ba · sleeps 16 | $67,535 | $579 | 32% | 4.2★ (81) | 0.5 mi | AirbnbVrboBooking |
*Luxurious 5BD Chalet w/ VIEWS! Hot Tub + Arcade* Cabin | 5 bd · 4 ba · sleeps 16 | $130,686 | $549 | 65% | 4.7★ (54) | 0.5 mi | AirbnbVrbo |
*NEW* Sleeps 22 | 5BR | Luxury Chateau Indoor Pool Cabin | 5 bd · 4.5 ba · sleeps 16 | $79,486 | $739 | 29% | 5★ (10) | 0.5 mi | AirbnbVrbo |
"Amazing Views to Remember" 5 Bedroom Cabin House | 5 bd · 5 ba · sleeps 12 | $36,241 | $765 | 13% | — | 0.5 mi | Airbnb |
Ski Mountain Manor: Big Screen, Bigger Memories Cabin | 5 bd · 4.5 ba · sleeps 14 | $18,660 | $499 | 10% | — | 0.5 mi | AirbnbVrboBooking |
Picture-Perfect great views no neighbors Cabin | 5 bd · 5 ba · sleeps 12 | $155,254 | $570 | 75% | 5★ (124) | 0.5 mi | Airbnb |
Gatlinburg Mansion By Avada Properties Vacation home | 5 bd · 4 ba · sleeps 14 | $46,470 | $249 | 51% | 3.9★ (3) | 0.5 mi | Booking |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$99,259
NOI
$60,104
Cash flow /mo
$42
Cash needed
$293,471
Cash-on-cash
0.2%
ROE (yr 1)
11.3%
Cap rate
6.7%
DSCR
1.01
Year-1 write-off
$224,484
Year-1 tax shield @ 32%
$71,835
Year-1 return on equity
- Cash flow (annual)$506
- Principal paydown$5,605
- Appreciation at%$26,997
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$19,852
- Platform fees (3% of revenue)$2,978
- Maintenance / capex (5% of revenue)$4,963
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,763
- Insurance (STR-rated)$5,399
Cash needed to close
- Down payment (25%)$224,975
- Closing costs (4.0%)$35,996
- Furnishing (bought new)$32,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$71,835
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$767,000
Short-life (5/15-yr)
$191,000 · 25%
Year-1 deduction
$224,000
Year-1 tax shield @ 32%
$72,000
Land 15% (county tax record, market value split) · building $576,000 over 39 years · new furniture $33,000
Based on: 2,414 sq ft, built 1970, 5 bd / 4 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $132,000 in year 1 (13% short-life, $42,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,900
Kitchen cabinetsdefault
$11,100 new × 40% good × 3.82 allocation
- $13,900
Kitchen countertopsdefault
$9,100 new × 40% good × 3.82 allocation
- $6,500
Decorative trimdefault
$4,200 new × 40% good × 3.82 allocation
- $900
Mirrorsdefault
$600 new × 40% good × 3.82 allocation
- $2,800
Shelvingdefault
$1,800 new × 40% good × 3.82 allocation
- $9,200
Window coverings (24)default
$6,000 new × 40% good × 3.82 allocation
- $13,200
Kitchen & laundry equipment plumbingdefault
$8,600 new × 40% good × 3.82 allocation
- $8,000
Kitchen, laundry & data equipment electricaldefault
$5,200 new × 40% good × 3.82 allocation
- $11,800
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.82 allocation
- $13,800
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.82 allocation
- $26,500
Furniture bought newlisting
$26,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $19,500
Paving: driveway & walks (paved)default
$10,200 new × 50% good × 3.82 allocation
- $18,700
Landscaping (typical)default
$9,800 new × 50% good × 3.82 allocation
- $4,600
Patiosdefault
$2,400 new × 50% good × 3.82 allocation
- $51,900
Decks & porches (attached)listing
$27,200 new × 50% good × 3.82 allocation
- $399,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$261,400 new × 40% good × 3.82 allocation
- $41,600
Building plumbing & fixturesdefault
$27,200 new × 40% good × 3.82 allocation
- $42,600
Building electrical & lightingdefault
$27,900 new × 40% good × 3.82 allocation
- $41,600
HVACdefault
$27,200 new × 40% good × 3.82 allocation
- $23,700
Hardwood & tile floorsdefault
$15,500 new × 40% good × 3.82 allocation
- $4,000
Fireplacelisting
$2,600 new × 40% good × 3.82 allocation
- $22,900
Septic systemlisting
$12,000 new × 50% good × 3.82 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $129,300 | $94,600 | $600 | $224,500 |
| 2 | $0 | $0 | $14,800 | $14,800 |
| 3 | $0 | $0 | $14,800 | $14,800 |
| 4 | $0 | $0 | $14,800 | $14,800 |
| 5 | $0 | $0 | $14,800 | $14,800 |
| 6+ | $0 | $0 | $516,100 | $516,100 |
| Total | $129,300 | $94,600 | $575,700 | $799,600 |
The building's share of the price ($767,000) is 3.8x our depreciated replacement cost of the home ($201,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.