102 Hobbs Ridge Road
About This Property
This charming and spacious 4-bedroom, 4-bath home sits on a level 1.1-acre lot-ideal for relaxing, entertaining, or enjoying the outdoors.
The beautiful zoysia grass and landscaping create a welcoming first impression, while the breathtaking views of Cagle Mountain from the expansive rocking chair front porch invite you to relax with your morning coffee or unwind at sunset.
Inside, you'll find a warm and inviting interior featuring oak kitchen cabine.
The living room is anchored by an Amish-built solid oak gas fireplace surround, creating a cozy retreat. The airy sunroom, complete with tile flooring and its own heating and air, is perfect for year-round enjoyment.
In 2015, the home was thoughtfully updated for handicap accessibility, including easy garage entry, wider doorways, and a main-level bedroom with an adjacent accessible bathroom featuring grab bars, a low-threshold walk-in shower, and ADA-friendly fixtures. A second bedroom and half bath on the main level offer added flexibility for guests or multi-generational living. An addition built in 2015 further enhances the home's space and functionality.
Also in 2015, the home received a full upgrade with new vinyl windows, which come with a lifetime warranty-adding peace of mind, energy efficiency, and long-term value.
Built for low maintenance and modern convenience, the home features a durable metal roof, city and county utilities, high-speed fiber internet, and low county taxes.
Located just 25 miles from downtown Chattanooga, this home offers the tranquility of rural living with quick access to shopping, medical offices, schools, and Highway 111.
The backyard includes a 350-square-foot wired outbuilding-perfect for a workshop, art studio, or extra storage. this home is ideal for families and those who love community living.
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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 2, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | Listed by Greater Downtown Realty dba Keller Williams Realty | $384,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017