3113 Noland Dr
Pigeon Forge, TN 37863
$394,900
3 bd · 2 ba · 2,852 sqft · Listed 1d ago
View on Realtor.com →Year built
1977
Sqft
2,852
Lot sqft
35,284
HOA / mo
$0
Furnished
No
List date
2026-10-07T18:54:38.000000Z
Revenue
Annual revenue
$56,766
ADR
$276
Occupancy
56%
Cleaning fees (12 mo)
$11,449
Confidence
Med (56.45), 49 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $54,301
Sweet Starlene: in the heart of Pigeon Forge
House · 3 bd · 2 ba · sleeps 8 · 0.1 mi
Revenue $11,715ADR $344Occ ≈ 9%4.7★ (3)
Delisted
Hot tub, pool table, music room, King bed, balcony
House · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $10,478ADR $283Occ ≈ 10%4.9★ (112)
Delisted
Quintessential Cabin/one mile to Pkwy/NO PETS!
Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi
Revenue $59,586ADR $248Occ ≈ 66%4.9★ (270)
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $44,831ADR $496Occ ≈ 25%—
Forever Yours, 2 Hot tubs, FREE Attraction tickets, WIFI, Near The Parkway in Pigeon Forge!!!
Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $44,590ADR $207Occ ≈ 59%3.6★ (7)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sweet Starlene: in the heart of Pigeon Forge House | 3 bd · 2 ba · sleeps 8 | $11,715 | $344 | 9% | 4.7★ (3) | 0.1 mi | Delisted |
Hot tub, pool table, music room, King bed, balcony House | 3 bd · 2 ba · sleeps 8 | $10,478 | $283 | 10% | 4.9★ (112) | 0.2 mi | Delisted |
Location! Near attractions! Pet friendly! Hot Tub! Cabin
| 3 bd · 2 ba · sleeps 7 | $49,360 | $256 | 53% | 4.8★ (174) | 0.3 mi | AirbnbVrbo |
Quintessential Cabin/one mile to Pkwy/NO PETS! Cabin | 3 bd · 2.5 ba · sleeps 6 | $59,586 | $248 | 66% | 4.9★ (270) | 0.3 mi | Airbnb |
Moose-Themed Cabin w/ Hot Tub & Arcade Games Cabin
| 3 bd · 3 ba · sleeps 10 | $70,581 | $321 | 60% | 4.8★ (58) | 0.3 mi | AirbnbVrboBooking |
Fall Foliage Views! ArcadeRm|Hot Tub|NearDollywood Cabin
| 3 bd · 3 ba · sleeps 10 | $66,939 | $366 | 50% | 5★ (143) | 0.3 mi | AirbnbVrbo |
Mountain Retreat with Perfect for Groups in Pigeon Forge, Tennesee Cabin | 3 bd · 3 ba · sleeps 10 | $44,831 | $496 | 25% | — | 0.3 mi | Booking |
Forever Yours, 2 Hot tubs, FREE Attraction tickets, WIFI, Near The Parkway in Pigeon Forge!!! Chalet | 3 bd · 2 ba · sleeps 6 | $44,590 | $207 | 59% | 3.6★ (7) | 0.3 mi | Booking |
Ideal Location! Pool & Hot Tub•10% First Responder Cabin
| 3 bd · 3 ba · sleeps 10 | $84,273 | $440 | 52% | 4.9★ (210) | 0.4 mi | AirbnbVrboBooking |
Modern Chalet| Heated Pool | Pet Friendly |Hot Tub House
| 3 bd · 3 ba · sleeps 8 | $72,907 | $384 | 52% | 4.8★ (45) | 0.4 mi | AirbnbVrbo |
Show 28 more
Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway!
Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $70,483ADR $262Occ ≈ 74%5★ (247)
Tuck Away Townhouse by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 9 · 0.4 mi
Revenue $35,125ADR $143Occ ≈ 67%—
*Indoor Salt Heated Pool*HotTub*Games*BBQ
Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $71,285ADR $321Occ ≈ 61%5★ (131)
The Cozy Crest w Private Pool n Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 10 · 0.5 mi
Revenue $83,997ADR $364Occ ≈ 63%—
Smoky Fall Escape | Dollywood • Games • Pets OK
House · 3 bd · 3 ba · sleeps 9 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $65,655ADR $304Occ ≈ 59%5★ (50)
5 min to the parkway*hot tub*games*quiet*cozy
Cabin · 3 bd · 2 ba · sleeps 8 · 0.6 mi
Revenue $74,733ADR $286Occ ≈ 72%5★ (96)
Firefly Holler by Beyond Expectations w Hot Tub
Vacation home · 3 bd · 3 ba · sleeps 6 · 0.6 mi
Revenue $56,823ADR $321Occ ≈ 48%4.3★ (6)
Stunning Treehouse in PigeonFo,32withFreeTicketstoDollywood,Anakeesta,Ziplining,Aquarium
Chalet · 3 bd · 1 ba · sleeps 6 · 0.6 mi
Revenue $26,949ADR $348Occ ≈ 21%—
*Stunning 3BDR Cabin w/ Hot Tub! Close to TOWN!*
Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $75,671ADR $295Occ ≈ 70%4.9★ (76)
NEW! Count Your Blessings 3-Bedroom Home with Pool
House · 3 bd · 2 ba · sleeps 10 · 0.6 mi
Revenue $46,796ADR $338Occ ≈ 38%—
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Cute & Cozy Cabin, Hot Tub, 2 Master Suites, Wood Fire Pit, Close to Parkway! Cabin
| 3 bd · 2 ba · sleeps 6 | $70,483 | $262 | 74% | 5★ (247) | 0.4 mi | Vrbo |
Tuck Away Townhouse by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 9 | $35,125 | $143 | 67% | — | 0.4 mi | Booking |
*Indoor Salt Heated Pool*HotTub*Games*BBQ Cabin
| 3 bd · 3 ba · sleeps 6 | $71,285 | $321 | 61% | 5★ (131) | 0.4 mi | Airbnb |
Low Rates/Modern Cabin close to Pkwy Hot Tub/Game Cabin
| 3 bd · 3 ba · sleeps 8 | $36,647 | $252 | 40% | 4.8★ (124) | 0.4 mi | AirbnbVrbo |
Fall Sale!Hot Tub·Arcade·New + Modern·5 Min to Par Cabin
| 3 bd · 3 ba · sleeps 8 | $73,377 | $331 | 61% | 5★ (178) | 0.4 mi | AirbnbVrbo |
Fall Colors. Hot Tub. Close to Island. Cabin
| 3 bd · 3 ba · sleeps 8 | $80,520 | $306 | 72% | 5★ (274) | 0.4 mi | AirbnbVrbo |
Rustic Black Bear Cabin Cabin | 3 bd · 2 ba · sleeps 8 | $61,155 | $146 | 100% | 4.5★ (43) | 0.5 mi | AirbnbBooking |
The Cozy Crest w Private Pool n Hot Tub Vacation home | 3 bd · 3 ba · sleeps 10 | $83,997 | $364 | 63% | — | 0.5 mi | Booking |
The Cozy Crest w Private Pool n Hot Tub House
| 3 bd · 3 ba · sleeps 10 | $97,447 | $449 | 59% | 4.7★ (7) | 0.5 mi | AirbnbVrbo |
HatsHideaway/Family Cabin/Hot Tub/Near Attractions Cabin
| 3 bd · 2 ba · sleeps 8 | $47,936 | $273 | 48% | 4.9★ (245) | 0.5 mi | AirbnbVrbo |
3BR 2BA 1 MI to Parkway Hot Tub & Pool Access! Cabin
| 3 bd · 2 ba · sleeps 6 | $44,034 | $241 | 50% | 3.8★ (32) | 0.5 mi | AirbnbVrboBooking |
1.5 Mile to Pkwy! HotTub, Game Room, Wi-Fi, Grill Cabin
| 3 bd · 3 ba · sleeps 8 | $71,178 | $330 | 59% | 4.9★ (165) | 0.5 mi | AirbnbVrbo |
Walk to Parkway + Creekfront | Pool Access House
| 3 bd · 2.5 ba · sleeps 8 | $35,767 | $267 | 37% | 4.8★ (11) | 0.5 mi | AirbnbVrboBooking |
3BR 2BA 1 MI to Parkway Hot Tub & Pool Access! Cabin
| 3 bd · 2 ba · sleeps 8 | $56,552 | $293 | 53% | 4.2★ (38) | 0.5 mi | AirbnbVrboBooking |
Smoky Fall Escape | Dollywood • Games • Pets OK House
| 3 bd · 3 ba · sleeps 9 | $65,655 | $304 | 59% | 5★ (50) | 0.5 mi | Airbnb |
ER43 Cozy 3BR Cabin w/ HotTub, Arcade & PoolAccess Cabin
| 3 bd · 3 ba · sleeps 10 | $97,772 | $356 | 75% | 3.7★ (3) | 0.5 mi | AirbnbVrbo |
Cozy Family Cabin w/ Hot Tub ~ 4 Mi to Dollywood! Cabin
| 3 bd · 2.5 ba · sleeps 8 | $49,884 | $249 | 55% | 4.5★ (165) | 0.5 mi | AirbnbVrboBooking |
Marigold | Hot Tub + Game Room | Near Dollywood House
| 3 bd · 3 ba · sleeps 8 | $24,462 | $273 | 25% | 4.5★ (7) | 0.5 mi | AirbnbVrbo |
5 min to the parkway*hot tub*games*quiet*cozy Cabin | 3 bd · 2 ba · sleeps 8 | $74,733 | $286 | 72% | 5★ (96) | 0.6 mi | Airbnb |
Firefly Holler by Beyond Expectations w Hot Tub Vacation home | 3 bd · 3 ba · sleeps 6 | $56,823 | $321 | 48% | 4.3★ (6) | 0.6 mi | Booking |
Stunning Treehouse in PigeonFo,32withFreeTicketstoDollywood,Anakeesta,Ziplining,Aquarium Chalet | 3 bd · 1 ba · sleeps 6 | $26,949 | $348 | 21% | — | 0.6 mi | Booking |
Scenic Pigeon Forge Cabin w/ Hot Tub & EV Charger Cabin
| 3 bd · 2.5 ba · sleeps 6 | $52,050 | $287 | 50% | 4.5★ (13) | 0.6 mi | AirbnbVrbo |
*Stunning 3BDR Cabin w/ Hot Tub! Close to TOWN!* Cabin | 3 bd · 3 ba · sleeps 8 | $75,671 | $295 | 70% | 4.9★ (76) | 0.6 mi | Airbnb |
4 min to parkway-Hot Tub-screened in porch-Sleep 6 Cabin
| 3 bd · 2 ba · sleeps 6 | $25,765 | $242 | 29% | 4.5★ (106) | 0.6 mi | AirbnbVrboBooking |
Ruby 214 Apartment | 3 bd · 1 ba · sleeps 6 | $20,816 | $188 | 30% | 4★ (1) | 0.6 mi | Booking |
Holden On - Minutes from Attractions, Shops & Food Cabin
| 3 bd · 2 ba · sleeps 8 | $43,481 | $302 | 39% | 3.6★ (39) | 0.6 mi | AirbnbVrboBooking |
Count Your Blessings: Hot Tub, Pool Access House
| 3 bd · 2 ba · sleeps 10 | $45,755 | $320 | 39% | 4.8★ (21) | 0.6 mi | AirbnbVrboBooking |
NEW! Count Your Blessings 3-Bedroom Home with Pool House | 3 bd · 2 ba · sleeps 10 | $46,796 | $338 | 38% | — | 0.6 mi | Delisted |
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
$56,766
NOI
$33,569
Cash flow /mo
$618
Cash needed
$140,021
Cash-on-cash
5.3%
ROE (yr 1)
15.5%
Cap rate
8.5%
DSCR
1.28
Year-1 write-off
$110,643
Year-1 tax shield @ 32%
$35,406
Year-1 return on equity
- Cash flow (annual)$7,416
- Principal paydown$2,459
- Appreciation at%$11,847
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)$11,353
- Platform fees (3% of revenue)$1,703
- Maintenance / capex (5% of revenue)$2,838
- Utilities & supplies$4,200
- HOA$0
- Property tax$733
- Insurance (STR-rated)$2,369
Cash needed to close
- Down payment (25%)$98,725
- Closing costs (4.0%)$15,796
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$35,406
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
$325,000
Short-life (5/15-yr)
$85,000 · 26%
Year-1 deduction
$111,000
Year-1 tax shield @ 32%
$35,000
Land 18% (county tax record, market value split) · building $241,000 over 39 years · new furniture $26,000
Based on: 2,852 sq ft, built 1977, 3 bd / 2 ba, unfurnished, listing features (deck, game room, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $71,000 in year 1 (14% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,100
Kitchen cabinetsdefault
$12,100 new × 40% good × 1.47 allocation
- $5,800
Kitchen countertopsdefault
$9,900 new × 40% good × 1.47 allocation
- $2,900
Decorative trimdefault
$5,000 new × 40% good × 1.47 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 1.47 allocation
- $700
Shelvingdefault
$1,200 new × 40% good × 1.47 allocation
- $4,200
Window coverings (29)default
$7,300 new × 40% good × 1.47 allocation
- $10,800
Carpet, vinyl & laminate (100% of floors)listing
$18,400 new × 40% good × 1.47 allocation
- $5,500
Kitchen & laundry equipment plumbingdefault
$9,400 new × 40% good × 1.47 allocation
- $3,300
Kitchen, laundry & data equipment electricaldefault
$5,700 new × 40% good × 1.47 allocation
- $2,900
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 1.47 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $8,100
Paving: driveway & walks (paved)default
$11,100 new × 50% good × 1.47 allocation
- $7,800
Landscaping (typical)default
$10,700 new × 50% good × 1.47 allocation
- $2,100
Patiosdefault
$2,800 new × 50% good × 1.47 allocation
- $23,500
Decks & porches (attached)listing
$32,100 new × 50% good × 1.47 allocation
- $181,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$310,100 new × 40% good × 1.47 allocation
- $18,800
Building plumbing & fixturesdefault
$32,200 new × 40% good × 1.47 allocation
- $19,600
Building electrical & lightingdefault
$33,400 new × 40% good × 1.47 allocation
- $18,800
HVACdefault
$32,100 new × 40% good × 1.47 allocation
- $1,500
Fireplacelisting
$2,600 new × 40% good × 1.47 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $68,900 | $41,500 | $300 | $110,600 |
| 2 | $0 | $0 | $6,200 | $6,200 |
| 3 | $0 | $0 | $6,200 | $6,200 |
| 4 | $0 | $0 | $6,200 | $6,200 |
| 5 | $0 | $0 | $6,200 | $6,200 |
| 6+ | $0 | $0 | $215,600 | $215,600 |
| Total | $68,900 | $41,500 | $240,600 | $351,000 |
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.