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Jefferson 37725
114 Griffin Drive
$188,000
● Mobile Manufactured - Off Market

114 Griffin Drive

Dandridge, TN 37725
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$1,012
Est. Monthly
16.53%
Cap Rate

About This Property

Stop renting and start buying instead with this great property!  Two bedroom (with bonus room) and two full bath manufactured home in a quiet cul de sac setting, with a great view from the front porch.  This home is about 2 miles from the 417 exit on I-40 making it an easy drive to most places you want to be.  And it's about 6 miles from the public launch on Douglas Lake if boating and fishing are your pursuits.  Make this your permanent residence or weekend spot near the lake, the choice is all yours!
Unit Size
1,296 Ft²
Days on Market
65 days
Land Size
0.68 acres
Price per sqft
$154
Property Type
Mobile Manufactured
Property Taxes
$30
HOA Dues
-
Year Built
2000

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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: 2 years ago ( #302472)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Premium
Sold
Aug 9, 2024 Listed by RE/MAX Between the Lakes, Inc. $199,900
Listed by RE/MAX Between the Lakes, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAVENDER PHASE 2
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 50
  • State Land Use Code: C00
  • Mobile Home Indicator: T
  • Legal Description 1: LAVENDER PHASE 2 PB: E PG: 353 LOT: 13 100X300.1 IRR

Neighborhood

  • School District Name: Jefferson County School District
  • Census Tract: 070801

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 067B
  • District: 01
  • Parcel: 067B-B-017.00
  • Lot: 13
  • Municipality: JEFFERSON CNTY-UNINCORPORATED
  • Latitude: 36.0356
  • Longitude: -83.4672

    Address

  • Full Address: 114 Griffin Dr
  • Address - House Number: 114
  • Address - Street Name: Griffin
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Dandridge
  • Carrier Code: R010
  • 4-Digit Zip Code: 4562
  • Zip Code: 37725

Valuation

    Tax

  • Total Area: 1,296
  • Tax Year: 2022
  • Tax Amount: $36,100
  • Tax Rate Code Area: 45A00

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: May 24, 2023
  • Confidence Score: 70
  • Final Value: 115,880
  • High Value: 133,157
  • Low Value: 98,602

    Market Valuation

  • Market Total Value: $66,000
  • Market Land Value: $20,000
  • Market Improvement Value: $46,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,500
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $11,500

    Sales

  • Current Sale Recording Date: Oct 11, 2006
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 24, 2000
  • Previous Sale Amount: $23,000
  • 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 Jefferson

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$228

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2397 ft²

Average Home Age

29.3 years

Currently For Sale

268 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

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Frequently Asked Questions

When was property at 114 Griffin Drive built and last sold?
The property at 114 Griffin Drive was built in 2000 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 114 Griffin Drive is $212,008.
What are some comparable homes to 114 Griffin Drive?
There are currently no comparable homes to 114 Griffin Drive.
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