1502 SKY VIEW Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Listed by eXp Realty | $500,000 | |
| Listed by eXp Realty | |||
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2024 GROSS RENTAL @ 54,379 ! ! !
70+ REVIEWS with a PERFECT 5.0 RATING!
STELLAR LOCATION for this 1BR/1BA cabin with an open air loft bonus room strategically located in Sky Harbor halfway between Gatlinburg & Pigeon Forge.
Just 6.5 miles to downtown Gatlinburg! 7 miles to Dollywood!!!
The main floor features an open concept living room & kitchen with a cathedral ceiling and a master bedroom. The 2nd floor features the open air loft currently used as a game room, but it could potentially be used as a bonus room.
The exterior covered deck wraps around 3 of the 4 sides of this cabin giving your guests tons of outdoor space to rest & recharge or chill out in the private hot tub.
This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations if requested so the future owner can have reservations already in place on closing day.
Seller can ensure as close to a turnkey change of ownership as possible by giving the new buyer their CLEANERS, HANDYMEN, CONTRACTORS and/or any other vendors they use to self-manage from afar. Some drone photography used in listing photos.
This property has a VERY HIGH OCCUPANCY RATE, so if you're in town but can't schedule a walkthrough yourself, please ask the listing agent for the WALKTHROUGH VIDEO and it will be sent to you.
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| Oct 30, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by eXp Realty | $489,000 | |
| Listed by eXp Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017