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Rutherford 37129
1009 Niagra Way
Photo of 1009 Niagra Way
Sold on Jun 25, 2025

15

Map

Photo of 1009 Niagra Way
Photo of 1009 Niagra Way
$309,900
● House - Off Market

1009 Niagra Way

Murfreesboro, TN 37129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,590 Ft²
$1,731
Est. Monthly
6.28%
Cap Rate

About This Property

Spacious, one-level home with bonus room has NO HOA! Affordable and well-located home offers easy floorplan, timeless style, and a fenced yard spacious enough for the kids, critters, or gardening. One-level living is always a good investment, and this home offers 3 bedrooms/2 baths on the main level with a finished bonus room above the 2-car garage. HVAC is less than 5 years old. This home does need some TLC, but it has been priced according to the repairs needed. Home is to be sold as-is.
Unit Size
1,590 Ft²
Days on Market
83 days
Land Size
0.25 acres
Price per sqft
$207
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (Realtracs #RTC2813292)

Price History

Date / Event Date Event Price
Jun 25, 2025 Sold
Premium
Sold
Apr 3, 2025 Listed by EXIT Prime Realty $329,900
Listed by EXIT Prime Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 7
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,698
  • Lot Size Depth Feet: 1,535
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALL CREEK PRD SEC 5 PH 2
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 1000
  • Legal Description 1: LOT 196 FALL CREEK PRD SEC 5 PH 2 PB 29 PG 199 SPLIT OFF 21-9 FOR 06 72 X 153.49 IRR

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040501

Geography

  • Assessors Map Reference: 29-199
  • Account Number: R0090731
  • District: 000
  • Section: 5
  • Parcel: 021E-C-069.00-000
  • Block: 2
  • Lot: 196
  • Municipality: RUTHERFORD
  • Latitude: 36.011
  • Longitude: -86.3803

    Address

  • Full Address: 1009 Niagra Way
  • Address - House Number: 1009
  • Address - Street Name: Niagra
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R055
  • 4-Digit Zip Code: 4074
  • Zip Code: 37129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $132,700

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 375,558
  • High Value: 435,563
  • Low Value: 315,554

    Market Valuation

  • Market Total Value: $283,000
  • Market Land Value: $55,000
  • Market Improvement Value: $228,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,750
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $57,000

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: Apr 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2076986
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: Mar 11, 2016
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rutherford

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

67

Average Home Size

2328 ft²

Average Home Age

14.3 years

Currently For Sale

1555 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Jennifer Moss, EXIT Prime Realty
Last Updated: 6 months ago
Data Source: Realtracs, MLS# RTC2813292
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1009 Niagra Way built and last sold?
The property at 1009 Niagra Way was built in 2008 and last sold on Mar 30, 2017 for $197,000.
How much is this home worth?
The estimated value of the home located at 1009 Niagra Way is $0.
What are some comparable homes to 1009 Niagra Way?
There are currently no comparable homes to 1009 Niagra Way.
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