3456 Obes Way
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 |
|---|---|---|---|
| May 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 20, 2026 | Listed by MG Rise Real Estate Group | $625,000 | |
| Listed by MG Rise Real Estate Group | |||
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As seen on HGTV's House Hunters in 2025, this remarkable Sevierville cabin offers a rare opportunity to own a property that has already captured national attention. Featured for its setting, style, and versatility, this standout retreat delivers the kind of presence and polish typically reserved for showcase homes. Set on a private 5.3-acre parcel with easy access to town, shopping, and local attractions, it strikes an ideal balance between peaceful seclusion and everyday convenience.
Inside, the cabin has been fully transformed, with all bedrooms and bathrooms completely remodeled to reflect a clean, modern aesthetic while preserving the warmth and character buyers expect in a Smoky Mountain home. The three-bedroom layout is complemented by a spacious bonus room, ideal for an office, creative studio, or additional flex area to suit your lifestyle needs. A dedicated game and media room enhances the entertainment appeal, and the thoughtfully designed layout allows the cabin to comfortably accommodate up to 11 guests, making it well-suited for gatherings and getaways.
Step outside onto the deck to enjoy peaceful, views that surround the property and reinforce the sense of privacy and escape. The outdoor hot tub provides the perfect place to unwind and take in the quiet mountain atmosphere, whether after a day exploring the Smokies or an evening spent entertaining. Currently operating as a successful short-term rental, this property offers immediate income potential, while its acreage, privacy, and high-quality updates also make it an excellent option for a full-time residence or secluded second home. Whether you're looking for a proven investment or a mountain retreat with a story that truly stands out, this HGTV-featured cabin delivers on every level.
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| Jan 3, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by eXp Realty | $529,900 | |
| Listed by eXp Realty | |||
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Great Location, easy access, on over 5 unrestricted acres, with 4 bedrooms sleeping up to 14! This private and cozy mountain retreat will make you feel like you have your own little slice of heaven in the Smoky Mountains! Less than 30 minutes to Gatlinburg, Pigeon Forge, and the National Park. All paved roads that are easy to navigate will bring you right up to the covered front porch with a bed swing. Inside has cathedral ceilings and lots of natural lighting. The partially covered large back deck is accessible from the living room and both of the upstairs master suites. With the 5.3 acre lot, the porch is completely private surrounded by trees and partial mountain views, and would offer some stunning mountain views if some trees were removed. Downstairs has a large bonus room/game room with arcade game and pool table, 2 bedrooms, 1 full bath, laundry room, and a screened in porch with hot tub. Would be a great mountain getaway as a 2nd home, permanent home, or a Short Term Rental. Comes completely furnished, turn-key ready to go. Rental Projections of over 80k!
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| Sep 16, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017