4451 Forest Vista Way
About This Property
The main-floor bedroom offers a queen bed and full bath with tub/shower. Upstairs, the master suite features a king bed, fireplace and private bath with walk-in shower. A finished loft with a wall of windows opens up the view of the mountains. The pool table adds valuable flex space for entertaining. On the main level an interior laundry closet houses stackable washer and dryer.
Two covered decks with rocking chairs capture mountain views, and a private hot tub sits just outside. Additional conveniences include high-speed internet, Smart TVs, and a barbecue grill. Resort amenities include access to a shared community pool.
Minutes from The Island, Dollywood, and the Great Smoky Mountains National Park -- one of the most-visited destinations in the country. Strong overnight-rental corridor with proven demand. Sold furnished and rental-ready.
Established short-term rental history with a 9.2/10 rating across 400+ VRBO guest reviews. Income-producing from day one for an investor, a second-home buyer, or both.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Listed by Century 21 MVP | $529,999 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017