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4323 Boogertown Rd

4323 Boogertown Rd

Sevierville, TN 37876

$524,990

3 bd · 3 ba · 2,193 sqft · Listed 1d ago

View on Realtor.com →

Year built

1987

Sqft

2,193

Lot sqft

252,648

HOA / mo

None

Furnished

No

List date

2026-09-28T13:24:34.000000Z

Revenue

Annual revenue

$55,486

ADR

$252

Occupancy

60%

Cleaning fees (12 mo)

$10,062

Confidence

Low (44.07), 34 comps

Comp revenue range (p25 / median / p75)

$27,811$48,846$63,133
  • Smoky Adventure Cabin • Hot Tub • Near Gatlinburg

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $38,236ADR $288Occ ≈ 36%5★ (21)

    Vrbo

  • Smoky Adventure Cabin • Hot Tub • Near Gatlinburg

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $15,947ADR $232Occ ≈ 19%5★ (21)

    Vrbo

  • Lagniappe Lodge • Smoky Mt • Hot Tub & Game Room

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $62,388ADR $273Occ ≈ 63%4.9★ (131)

    AirbnbVrbo

  • Private retreat with hot tub, pool table & arcade

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $63,294ADR $229Occ ≈ 76%4.8★ (29)

    AirbnbVrboBooking

  • Hot Tub + Arcade Cabin Near Gatlinburg/PF

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $47,526ADR $210Occ ≈ 62%5★ (37)

    AirbnbVrbo

  • Hot Tub + Game Room | Mtn Views | 3BR + Loft

    House · 3 bd · 4 ba · sleeps 11 · 0.3 mi

    Revenue $7,420ADR $384Occ ≈ 5%5★ (3)

    AirbnbVrbo

  • Hot Tub | Game Room | Gazebo | Mountain View

    Cabin · 3 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $67,713ADR $339Occ ≈ 55%4.2★ (21)

    AirbnbVrboBooking

  • Romantic Mtn Spa Retreat | VIEWS • Hot Tub • Sauna

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $57,845ADR $365Occ ≈ 43%5★ (40)

    AirbnbVrboBooking

  • Absolutely Secluded - Secluded cabin with firepit!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $53,159ADR $294Occ ≈ 50%4.8★ (16)

    AirbnbVrboBooking

  • Cardinal's Nest • Near Pigeon Forge & Gatlinburg

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    Revenue $15,443ADR $268Occ ≈ 16%4.6★ (7)

    AirbnbVrboBooking

Show all 34 comps
  • Modern Luxury Cabin w/ Pond, Hot Tub & Fire Pit

    House · 3 bd · 3 ba · sleeps 9 · 0.6 mi

    Revenue $24,880ADR $346Occ ≈ 20%5★ (17)

    AirbnbVrbo

  • Cozy Country Home W Shaded Porch, Sleeps 7

    House · 3 bd · 3 ba · sleeps 7 · 0.6 mi

    Revenue $5,723ADR $126Occ ≈ 12%5★ (4)

    AirbnbVrboBooking

  • 3BR w/ hot tub, theater, & free attraction tickets

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $47,198ADR $327Occ ≈ 40%3.6★ (8)

    AirbnbVrbo

  • Amazing Wooden Cabin with Hot-tub and Game Room in Sevierville, Tennessee

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $24,924ADR $435Occ ≈ 16%—

    Vrbo

  • Appalachian Escape-Secluded Cabin, FirePit & Games

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $84,342ADR $294Occ ≈ 79%5★ (289)

    AirbnbVrboBooking

  • Amazing Wooden Cabin with Hot-tub and Game Room in Sevierville, Tennessee

    Vacation home · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $93,505ADR $270Occ ≈ 95%—

    Booking

  • Hot Tub, Fire Pit, Game Room and Pup Friendly.

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    Revenue $65,109ADR $293Occ ≈ 61%4.8★ (215)

    AirbnbVrbo

  • Smoky Mountain Cabin- FREE early check-in

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $62,403ADR $330Occ ≈ 52%4.8★ (142)

    Airbnb

  • 3BR dog-friendly home - Free Attraction Tickets

    House · 3 bd · 2 ba · sleeps 7 · 0.7 mi

    Revenue $25,996ADR $179Occ ≈ 40%4.2★ (45)

    AirbnbVrboBooking

  • Hot Tub+Serene View+Wrap Around Deck+Pool Table

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $50,165ADR $255Occ ≈ 54%5★ (42)

    AirbnbVrboBooking

  • FreeDollywood Tix/Secluded/Pool Table/Spacious

    Cabin · 3 bd · 3 ba · sleeps 11 · 0.7 mi

    Revenue $78,071ADR $295Occ ≈ 73%4.8★ (58)

    AirbnbVrbo

  • Comfy Cabin, Sleeps 8・Pool Table・Theater・Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $22,624ADR $165Occ ≈ 38%3.8★ (5)

    AirbnbVrboBooking

  • Mountain view, hot tub, pool table, cozy!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $62,651ADR $395Occ ≈ 43%4.7★ (25)

    AirbnbVrbo

  • Cozy Mountain Escape with Game Room & Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $38,683ADR $267Occ ≈ 40%4.8★ (35)

    AirbnbVrboBooking

  • Beautiful cabin 15 minutes to the Gatlinburg strip

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $76,013ADR $360Occ ≈ 58%5★ (194)

    AirbnbVrbo

  • Hot tub and arcade game! Enjoy TRANQUIL MOMENTS at this stunning 2BR log cabin!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $40,176ADR $185Occ ≈ 59%4.5★ (3)

    Booking

  • Natural Attractions: Theater, Gameroom, Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.7 mi

    Revenue $112,390ADR $459Occ ≈ 67%4.7★ (175)

    AirbnbVrboBooking

  • FREE Tickets-Rise-N-Shine-Sleeps 6-Hot Tub-Lg Deck

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.7 mi

    Revenue $36,035ADR $352Occ ≈ 28%5★ (73)

    AirbnbVrboBooking

  • 3200 SQFT Massive Mountain Monster w/ a View!

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $59,696ADR $320Occ ≈ 51%5★ (14)

    AirbnbVrbo

  • Hop, Skip and a Jump: Minutes from the Mountains

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $30,280ADR $249Occ ≈ 33%4.6★ (10)

    AirbnbVrboBooking

  • Cowboy Way

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $26,988ADR $400Occ ≈ 18%3★ (1)

    AirbnbBooking

  • Cowboy Way: Theater, Gameroom, Hot Tub, Firepit

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $131,943ADR $430Occ ≈ 84%4.4★ (254)

    AirbnbVrboBooking

  • Cabin w/ Game Room|Theater near Pigeon Forge & Gat

    House · 3 bd · 3 ba · sleeps 8 · 0.8 mi

    Revenue $57,955ADR $311Occ ≈ 51%3.9★ (16)

    AirbnbVrboBooking

  • Secluded 2BR Smoky Mountain Cabin Hot Tub Arcade Firepit Sleeps 8, Wi-FI

    Chalet · 3 bd · 2 ba · sleeps 8 · 0.8 mi

    Revenue $44,465ADR $270Occ ≈ 45%4★ (1)

    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

Financing

Est. revenue

$55,486

NOI

$31,389

Cash flow /mo

$2,616

Cash needed

$571,490

Cash-on-cash (all cash)

5.5%

ROE (yr 1)

8.2%

Cap rate

6.0%

DSCR

—

Year-1 write-off

$103,888

Year-1 tax shield @ 32%

$33,244

Year-1 return on equity

  • Cash flow (annual)$31,389
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,750
ROE8.2%
ROE incl. year-1 tax savings (32% bracket, STR loophole)14.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$11,097
  • Platform fees (3% of revenue)$1,665
  • Maintenance / capex (5% of revenue)$2,774
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,211
  • Insurance (STR-rated)$3,150

Cash needed to close

  • Purchase price (all cash)$524,990
  • Closing costs (4.0%)$21,000
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$33,244

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

$375,000

Short-life (5/15-yr)

$77,000 · 21%

Year-1 deduction

$104,000

Year-1 tax shield @ 32%

$33,000

Land 29% (county tax record, market value split) · building $298,000 over 39 years · new furniture $26,000

Based on: 2,193 sq ft, built 1987, 3 bd / 3 ba, unfurnished, listing features (patio, game room, fireplace, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $80,000 in year 1 (14% short-life, $26,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$73,900
  • Kitchen cabinetsdefault

    $10,600 new × 40% good × 2.20 allocation

    $9,300
  • Kitchen countertopsdefault

    $8,700 new × 40% good × 2.20 allocation

    $7,600
  • Decorative trimdefault

    $3,800 new × 40% good × 2.20 allocation

    $3,400
  • Mirrorsdefault

    $500 new × 40% good × 2.20 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 2.20 allocation

    $1,100
  • Window coverings (22)default

    $5,500 new × 40% good × 2.20 allocation

    $4,800
  • Carpet, vinyl & laminate (40% of floors)default

    $5,600 new × 40% good × 2.20 allocation

    $5,000
  • Kitchen & laundry equipment plumbingdefault

    $8,300 new × 40% good × 2.20 allocation

    $7,300
  • Kitchen, laundry & data equipment electricaldefault

    $5,000 new × 40% good × 2.20 allocation

    $4,400
  • Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing

    $5,900 new × 40% good × 2.20 allocation

    $5,200
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$29,000
  • Paving: driveway & walks (paved)default

    $9,700 new × 50% good × 2.20 allocation

    $10,700
  • Landscaping (minimal)listing

    $4,700 new × 50% good × 2.20 allocation

    $5,100
  • Patioslisting

    $9,900 new × 50% good × 2.20 allocation

    $10,800
  • Decks & porches (attached)default

    $2,200 new × 50% good × 2.20 allocation

    $2,400
Building, 39-year$297,600
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $238,000 new × 40% good × 2.20 allocation

    $209,200
  • Building plumbing & fixturesdefault

    $24,700 new × 40% good × 2.20 allocation

    $21,700
  • Building electrical & lightingdefault

    $25,100 new × 40% good × 2.20 allocation

    $22,000
  • HVACdefault

    $24,700 new × 40% good × 2.20 allocation

    $21,700
  • Hardwood & tile floorsdefault

    $8,500 new × 40% good × 2.20 allocation

    $7,400
  • Fireplacelisting

    $2,600 new × 40% good × 2.20 allocation

    $2,300
  • Septic systemlisting

    $12,000 new × 50% good × 2.20 allocation

    $13,200

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$73,900$29,000$1,000$103,900
2$0$0$7,600$7,600
3$0$0$7,600$7,600
4$0$0$7,600$7,600
5$0$0$7,600$7,600
6+$0$0$266,200$266,200
Total$73,900$29,000$297,600$400,600

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 and Georgia 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.