3421 Shelnutt Way
About This Property
seasonal outdoor pool. Located minutes from the Great Smoky Mountains National Park, Cades Cove, Dollywood, dining, and outdoor adventures. Grossed over $49k in 2025. A fantastic opportunity for a Smoky Mountain retreat or investment 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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Century 21 Legacy GP | $485,000 | |
| Listed by Century 21 Legacy GP | |||
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Escape to Wears Valley in this beautiful 3BR/3BA cabin offering 2,500 sq ft of comfortable living space and sleeping for 8. Features include a cozy living area with stone fireplace, fully equipped kitchen, private hot tub, and jacuzzi. Enjoy a serene deck with seasonal mountain views and access to a seasonal outdoor pool. Located minutes from the Great Smoky Mountains National Park, Cades Cove, Dollywood, dining, and outdoor adventures. Grossed over $49k in 2025. A fantastic opportunity for a Smoky Mountain retreat or investment property.
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| Apr 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 12, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017