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261 Cherokee Path Way
About This Property
From the moment guests step inside, the cabin has that warm mountain getaway feeling. Vaulted ceilings in the great room, a stone gas fireplace, granite countertops, and an open one-level layout create a comfortable space that feels inviting without being overwhelming. The king suite, jetted tub, and stand-up shower give guests the kind of relaxing retreat they are searching for when booking a romantic cabin in the Smokies.
One of the biggest highlights is the large screened-in deck, where guests can enjoy the seasonal mountain view and unwind in the oversized hot tub after a full day exploring the area. For investors, Hillside Hideaway checks a lot of important boxes: it is easy to maintain, easy for guests to navigate, located across the street from Soaky Mountain Water Park, and benefits from public water and sewer for a simpler STR setup. The new roof in 2022 adds another layer of confidence for buyers looking for a more turnkey investment.
Whether someone is looking for a romantic Smoky Mountain getaway, a low-maintenance investment cabin, or a property with strong guest appeal in a prime Sevierville location, Hillside Hideaway has the ingredients buyers look for in a profitable STR. It is close to everything, cozy in all the right ways, and designed for the kind of simple mountain escape guests love to book again and again.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$419,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 22, 2026 | Listed by eXp Realty, LLC 7720 | $420,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by TN Smoky Mtn Realty | $425,000 | |
| Listed by TN Smoky Mtn Realty | |||
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PRICE DROP! Check out this investment opportunity in a great location! This cabin is located in a cabin-only neighborhood situated across the street from Soaky Mountain Water Park and less than one mile from the new Publix shopping center. Step onto the welcoming covered porch and enjoy the private wooded scenery. Right inside the front door you will be greeted with a large open ceiling. The main living space features a full sized gas log fireplace and comfortable seating for you and your guests. Adjacent to this you'll find a fully stocked kitchen with granite countertops and everything you need to entertain. Escape to the spacious bedroom for maximum relaxation! This bedroom contains a private bathroom including a large jet tub. Out the back door you will be pleasantly greeted by a large open covered porch and a private hot tub to soak in while taking in the view below. This cabin can be rented nightly or used as a permanent or vacation home. Come see it today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017