440 Oak Sky Way
About This Property
440 Oak Sky Way welcomes guests with paved parking and an easy approach to the covered front porch, creating a simple arrival experience for families and larger groups traveling with luggage, groceries, or gear. Once inside, the main level opens into a spacious living room, kitchen, and dining area that flow together seamlessly, allowing guests to gather, cook, and relax in one central hub. The large kitchen offers ample workspace and connects directly to the living area, where the floor-to-ceiling stack-stone fireplace creates a strong focal point and adds the rustic mountain character buyers and guests look for in a Smoky Mountain cabin.
One of the biggest advantages of this floor plan is the primary suite on the main level, giving owners and guests a private bedroom retreat without having to navigate stairs. This setup is especially appealing for multi-generational groups, couples traveling with parents, or guests who prefer single-level sleeping access. A full bath on the main level adds convenience and functionality, making the main floor highly livable for both personal use and short-term rental operations.
Downstairs, the cabin transitions into a dedicated entertainment level centered around the game room and media space. Easy access location!
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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 |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$564,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 23, 2026 | Listed by Tennessee Elite Realty | $574,900 | |
| Listed by Tennessee Elite Realty | |||
| Nov 1, 2024 | Listed by Monarch Realty LLC | $694,900 | |
| Listed by Monarch Realty LLC | |||
| | |||
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Looking for a relaxing getaway after a fun-filled day in the Smokies? This beautiful 3-bedroom, 3-bath cabin, just 4 miles from Pigeon Forge, offers peace, quiet, and plenty of space for the whole family.
The open layout features a large, fully equipped kitchen that flows into the living area, where a floor-to-ceiling stack-stone fireplace adds a touch of rustic charm. On the main level, you'll find a private master suite with a jetted tub and a guest bath nearby, plus wheelchair accessibility for added convenience.
Head downstairs to the game room—it's a great spot to hang out with friends and family. You'll find new theater seating, a newly felted pool table, video games, and a bar-sized fridge to keep drinks and snacks handy. Two more bedrooms and a full bath are also downstairs.
Outside, unwind in the hot tub on one of the two decks, where you can enjoy the privacy and tranquility of the peaceful surroundings. The cabin is perfectly located—close to shopping, healthcare, and just a quick back-road drive to either Gatlinburg or Pigeon Forge, helping you avoid the traffic on the Parkway.
With proven rental income, this cabin is a great choice whether you're looking for a personal retreat or a solid investment property! Come make this your next Home Sweet TN Home!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017