112 Posey Lane
About This Property
Inside, you'll find approximately 1,420 square feet with 3 bedrooms and 2 full bathrooms, along with a finished walk-out basement that provides additional living space and flexibility. The home features two common areas that can be used as living rooms or one as a bonus room. It has beautiful hardwood, tile and laminate flooring. The wood burning fire place is currently capped, but can be easily used if the next owners want to use it.
One of the best features of this property is the location! Enjoy being just minutes from beautiful Norris Lake, where boating, fishing, swimming, and endless days on the water await. Convenient access to a nearby public boat ramp makes launching the boat and enjoying lake life easy.
You'll also love the quick access to I-75, making trips to Knoxville, shopping, dining, work, and entertainment convenient while still allowing you to come home to the quieter pace of Jacksboro. The property is also close to Cove Lake State Park, local schools, restaurants, and shopping.
Whether you're looking for a full-time residence, a peaceful East Tennessee getaway, or a home that keeps you close to Norris Lake without sacrificing interstate access, 112 Posey Lane offers location, charm, and convenience all in one! Schedule your tour now.
Buyer/Buyer's agent to verify all information and do their due dilligence.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | Listed by Alco Builders & Realty Co | $265,000 | |
| Listed by Alco Builders & Realty Co | |||
| Oct 25, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Your Home Sold Guaranteed Realty | $224,909 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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Fantastic Basement Rancher on Corner Lot!! MOVE IN READY! Close to I75; Norris Lake; Cove Lake State Park, schools; shopping and restaurants. Amazing mountain views from the wrap around porch! Newer cabinets and counter tops in kitchen; updated vanities and hardware in baths; beautiful tile shower and tile laundry downstairs. Well maintained and ready to be your HOME! Get this one before it is gone!!
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| Apr 8, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017