102 Baskins Creek Byp Unit 207
Gatlinburg, TN 37738
$309,000
2 bd · 2 ba · 773 sqft · Listed 3d ago
View on Realtor.com →Year built
1990
Sqft
773
Lot sqft
—
HOA / mo
$244
Furnished
No
List date
2026-10-08T18:35:12.000000Z
Revenue
Annual revenue
$32,341
ADR
$153
Occupancy
58%
Cleaning fees (12 mo)
$6,658
Confidence
Med (56.7), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $30,786
Gatlinburg Chateau Condo 309
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 82 ft
Revenue $33,888ADR $232Occ ≈ 40%4.8★ (12)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
GC 201 Beautiful 2BR Condo Short Walk to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $25,929 | $164 | 43% | 4.5★ (64) | 10 ft | AirbnbVrbo |
Cozy 2BD/2BA, 10 min walking to Anakeesta/Sleeps 5 Condominium (condo)
| 2 bd · 2 ba · sleeps 5 | $20,009 | $140 | 39% | 5★ (28) | 49 ft | AirbnbVrbo |
Downtown Gatlinburg | 2 King Suites | Pool+Hot Tub Apartment
| 2 bd · 2 ba · sleeps 6 | $4,316 | $116 | 10% | 4.6★ (10) | 49 ft | AirbnbVrbo |
Family Escape - Smoky Mtn, Pool+Hot Tub, Sleeps 6 Apartment
| 2 bd · 2 ba · sleeps 6 | $18,160 | $140 | 36% | 4.8★ (17) | 49 ft | AirbnbVrbo |
Space Needle Views, Walk to Anakeesta 2BR 2BA Condominium (condo)
| 2 bd · 2 ba · sleeps 5 | $20,626 | $149 | 38% | 4.8★ (33) | 49 ft | AirbnbVrbo |
2 Ensuite Suites | Walk to Downtown | Free Tickets Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $20,207 | $170 | 33% | 4.5★ (21) | 49 ft | AirbnbVrbo |
Luxury 6th Floor Penthouse • Cabin Vibes + Views Condominium (condo)
| 2 bd · 2.5 ba · sleeps 8 | $27,412 | $262 | 29% | 5★ (18) | 49 ft | AirbnbVrbo |
GC 402 Beautiful 2BR Condo Short Walk to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $22,614 | $168 | 37% | 3.5★ (54) | 82 ft | AirbnbVrbo |
Gatlinburg Chateau Condo 407 Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $29,980 | $244 | 34% | 4★ (15) | 82 ft | AirbnbBooking |
Gatlinburg Chateau Condo 309 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $33,888 | $232 | 40% | 4.8★ (12) | 82 ft | Airbnb |
Show 38 more
Spacious Condo Overlooking Gatlinburg Space Needle
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 85 ft
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $21,362ADR $147Occ ≈ 40%4.8★ (20)
Gatlinburg Chateau Condo 309
Apartment · 2 bd · 2 ba · sleeps 6 · 102 ft
Revenue $53,598ADR $253Occ ≈ 58%4.5★ (12)
Chic Condo on Gatlinburg Strip with Pool!
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 187 ft
- Pool
- A/C
- Free parking
- Wifi
- +4
Revenue $43,902ADR $151Occ ≈ 80%4.8★ (297)
Henry's Gatlinburg Bear den
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 302 ft
Revenue $39,861ADR $156Occ ≈ 70%4.8★ (226)
2bd/2ba, mountain views, 1 bk off Gatlinburg strip
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 318 ft
- Hot tub
- Pool
- A/C
- Free parking
- +3
Revenue $8,944ADR $127Occ ≈ 19%5★ (11)
Gatlinburg Parkway views/DWTN/handicap accessible
Apartment · 2 bd · 2 ba · sleeps 6 · 322 ft
- Pool
- A/C
- Free parking
- Wifi
- +3
Revenue $39,081ADR $129Occ ≈ 83%5★ (129)
Walk to Gatlinburg! 2BR w/Balcony* Community Pool!
Apartment · 2 bd · 2 ba · sleeps 6 · 463 ft
Revenue $7,769ADR $140Occ ≈ 15%2.5★ (2)
Delisted
Gatlinburg Cabin Rental near Downtown - 2 Bedrooms, Sleeps 6
Cabin · 2 bd · 1 ba · sleeps 6 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $33,846ADR $172Occ ≈ 54%4.8★ (14)
Walking distance to Gatlinburg downtown with hot tub!
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi
Revenue $25,391ADR $143Occ ≈ 49%5★ (1)
Adorable cottage walking distance to downtown Gatlinburg! Hot tub, dog friendly, creekside
Vacation home · 2 bd · 1 ba · sleeps 4 · 0.1 mi
Revenue $42,998ADR $153Occ ≈ 77%3.9★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Gatlinburg Chateau Condo 510 Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $31,915 | $268 | 33% | 3.5★ (23) | 82 ft | AirbnbBooking |
Gatlinburg Chateau Condo 503 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $33,246 | $236 | 39% | 4.5★ (22) | 82 ft | AirbnbBooking |
Gatlinburg Chateau 408 Beautiful 2BR condo Short Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $21,922 | $156 | 39% | 3.3★ (27) | 82 ft | AirbnbVrbo |
Walk to Town! Gatlinburg Condo w/ Mountain Views Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $39,925 | $166 | 66% | 4.5★ (130) | 82 ft | AirbnbBooking |
Gatlinburg Chateau Condo 302 Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $27,182 | $226 | 33% | 4★ (48) | 82 ft | AirbnbBooking |
Spacious Condo Overlooking Gatlinburg Space Needle Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $21,362 | $147 | 40% | 4.8★ (20) | 85 ft | Airbnb |
Pool, Views & Steps to Town: Chic Gatlinburg Condo Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $31,639 | $212 | 41% | 4.7★ (69) | 85 ft | AirbnbVrboBooking |
Steps to Eats & Shops! Stylish Gatlinburg Condo Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $41,721 | $261 | 44% | 4.6★ (84) | 85 ft | AirbnbVrboBooking |
Lovely Mtn Condo W View, Sleeps 6, Skiing, Firepla Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $23,723 | $136 | 48% | 2★ (1) | 85 ft | AirbnbBooking |
First Floor, 2 King Beds, Walk to Downtown House
| 2 bd · 2 ba · sleeps 4 | $37,027 | $174 | 58% | 4.5★ (31) | 85 ft | AirbnbVrbo |
GC 103 Beautiful 2BR Condo Short Walk to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $32,835 | $171 | 53% | 4.5★ (88) | 85 ft | AirbnbVrbo |
Gatlinburg Chateau Condo 309 Apartment | 2 bd · 2 ba · sleeps 6 | $53,598 | $253 | 58% | 4.5★ (12) | 102 ft | Booking |
Epic Mountain & City Views – Cozy Castle Escape! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,571 | $180 | 60% | 4.7★ (99) | 105 ft | AirbnbVrbo |
GC507•walk downtown •onsite heated pool Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $10,748 | $207 | 14% | 4.5★ (10) | 112 ft | AirbnbVrbo |
GC106•walk downtown•onsite pool•private hot tub Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $23,944 | $211 | 31% | 4.8★ (29) | 112 ft | AirbnbVrbo |
Gatlinburg Chateau Condo 301 Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $34,513 | $271 | 35% | 4.4★ (26) | 112 ft | AirbnbBooking |
Private Hot Tub | Walk to Town Apartment
| 2 bd · 2 ba · sleeps 6 | $59,218 | $227 | 71% | 4.9★ (92) | 112 ft | AirbnbVrbo |
10 min Walk to Anakeesta - 2BD/2BA - sleeps 6 Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $47,437 | $172 | 76% | 4.9★ (154) | 112 ft | AirbnbVrbo |
Gatlinburg Chateau Penthouse Condominium (condo) | 2 bd · 2.5 ba · sleeps 6 | $25,194 | $326 | 21% | 4.5★ (6) | 112 ft | AirbnbBooking |
Gatlinburg Chateau Condo 307 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,140 | $287 | 33% | 2.7★ (12) | 154 ft | AirbnbBooking |
Chic Condo on Gatlinburg Strip with Pool! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $43,902 | $151 | 80% | 4.8★ (297) | 187 ft | Airbnb |
*Walk to Gatlinburg!* 2BR w/MTN views & Pool Apartment
| 2 bd · 2 ba · sleeps 6 | $54,467 | $178 | 84% | 5★ (124) | 213 ft | AirbnbVrbo |
Mountain View Retreat — Walk to Gatlinburg Strip Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $24,433 | $150 | 45% | 4.8★ (28) | 266 ft | AirbnbVrbo |
2BR downtown Gatlinburg condo. Walk to the strip Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $10,777 | $179 | 16% | 3.9★ (6) | 299 ft | AirbnbVrbo |
Walk to Gatlinburg! 2BR w/Balcony* Community Pool! Apartment
| 2 bd · 2 ba · sleeps 6 | $11,332 | $152 | 20% | 4.7★ (8) | 302 ft | AirbnbVrbo |
Henry's Gatlinburg Bear den Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $39,861 | $156 | 70% | 4.8★ (226) | 302 ft | Airbnb |
2bd/2ba, mountain views, 1 bk off Gatlinburg strip Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $8,944 | $127 | 19% | 5★ (11) | 318 ft | Airbnb |
Gatlinburg Parkway views/DWTN/handicap accessible Apartment
| 2 bd · 2 ba · sleeps 6 | $39,081 | $129 | 83% | 5★ (129) | 322 ft | Airbnb |
City lights from balcony, 5 min walk to parkway. Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $31,592 | $205 | 42% | 4.8★ (249) | 335 ft | AirbnbVrbo |
Mountain View, near National Park, walk to strip. Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $36,797 | $256 | 39% | 4.8★ (22) | 384 ft | AirbnbVrbo |
Lovely 2BR Mountainview 2nd-Floor | Balcony Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $8,300 | $169 | 13% | 3.7★ (49) | 420 ft | AirbnbBooking |
Walk to Gatlinburg! 2BR w/Balcony* Community Pool! Apartment | 2 bd · 2 ba · sleeps 6 | $7,769 | $140 | 15% | 2.5★ (2) | 463 ft | Delisted |
*Walk to Gatlinburg!* 2BR w/Balcony*Fireplace Apartment
| 2 bd · 2 ba · sleeps 6 | $37,662 | $149 | 69% | 4.8★ (59) | 463 ft | AirbnbVrbo |
Fall Deals! 2BR w/MTN Views! Walk to Downtown! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $45,517 | $172 | 73% | 4.8★ (110) | 476 ft | AirbnbVrbo |
Gatlinburg Chateau 409 Beautiful 2BR Condo Short Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $21,479 | $184 | 32% | 3★ (16) | 476 ft | AirbnbVrbo |
Gatlinburg Cabin Rental near Downtown - 2 Bedrooms, Sleeps 6 Cabin
| 2 bd · 1 ba · sleeps 6 | $33,846 | $172 | 54% | 4.8★ (14) | 0.1 mi | Vrbo |
Walking distance to Gatlinburg downtown with hot tub! Vacation home | 2 bd · 1 ba · sleeps 4 | $25,391 | $143 | 49% | 5★ (1) | 0.1 mi | Booking |
Adorable cottage walking distance to downtown Gatlinburg! Hot tub, dog friendly, creekside Vacation home | 2 bd · 1 ba · sleeps 4 | $42,998 | $153 | 77% | 3.9★ (3) | 0.1 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 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$32,341
NOI
$13,685
Cash flow /mo
-$584
Cash needed
$105,610
Cash-on-cash
-6.6%
ROE (yr 1)
3.9%
Cap rate
4.4%
DSCR
0.66
Year-1 write-off
$81,156
Year-1 tax shield @ 32%
$25,970
Year-1 return on equity
- Cash flow (annual)-$7,013
- Principal paydown$1,879
- Appreciation at%$9,270
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)$6,468
- Platform fees (3% of revenue)$970
- Maintenance / capex (5% of revenue)$1,617
- Utilities & supplies$4,200
- HOA$2,928
- Property tax$619
- Insurance (STR-rated)$1,854
Cash needed to close
- Down payment (25%)$77,250
- Closing costs (4.0%)$12,360
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$25,970
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
$229,000
Short-life (5/15-yr)
$65,000 · 28%
Year-1 deduction
$81,000
Year-1 tax shield @ 32%
$26,000
Land 26% (county tax record, market value split) · building $164,000 over 39 years · new furniture $16,000
Based on: 773 sq ft, built 1990, 2 bd / 2 ba, unfurnished, listing features (hot tub, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $58,000 in year 1 (18% short-life, $18,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,900
Kitchen cabinetsdefault
$7,500 new × 40% good × 3.63 allocation
- $8,900
Kitchen countertopsdefault
$6,100 new × 40% good × 3.63 allocation
- $2,000
Decorative trimdefault
$1,400 new × 40% good × 3.63 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.63 allocation
- $1,300
Shelvingdefault
$900 new × 40% good × 3.63 allocation
- $2,900
Window coverings (8)default
$2,000 new × 40% good × 3.63 allocation
- $3,600
Carpet, vinyl & laminate (50% of floors)listing
$2,500 new × 40% good × 3.63 allocation
- $8,500
Kitchen & laundry equipment plumbingdefault
$5,800 new × 40% good × 3.63 allocation
- $5,100
Kitchen, laundry & data equipment electricaldefault
$3,500 new × 40% good × 3.63 allocation
- $8,300
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 3.63 allocation
- $13,100
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.63 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $121,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$83,300 new × 40% good × 3.63 allocation
- $12,500
Building plumbing & fixturesdefault
$8,600 new × 40% good × 3.63 allocation
- $10,300
Building electrical & lightingdefault
$7,100 new × 40% good × 3.63 allocation
- $12,700
HVACdefault
$8,700 new × 40% good × 3.63 allocation
- $3,600
Hardwood & tile floorsdefault
$2,500 new × 40% good × 3.63 allocation
- $3,800
Fireplacelisting
$2,600 new × 40% good × 3.63 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $81,000 | $0 | $200 | $81,200 |
| 2 | $0 | $0 | $4,200 | $4,200 |
| 3 | $0 | $0 | $4,200 | $4,200 |
| 4 | $0 | $0 | $4,200 | $4,200 |
| 5 | $0 | $0 | $4,200 | $4,200 |
| 6+ | $0 | $0 | $146,900 | $146,900 |
| Total | $81,000 | $0 | $163,900 | $244,800 |
The building's share of the price ($229,000) is 3.6x our depreciated replacement cost of the home ($63,000). 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.