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132 Casson Rd
About This Property
This is Ocoee River country. Ocoee Mountain Club sits on the edge of the Cherokee National Forest, 650,000 acres of Blue Ridge wilderness, and less than 10 miles from Lake Ocoee (Parksville Lake), the oldest man-made lake in the forest, fed by the river that hosted the 1996 Olympic whitewater events. Inside the national forest, the Benton Falls Trail at Chilhowee Recreation Area is an easy 1.5 mile hike to a 65 foot waterfall, with miles of mountain biking and mountain overlooks along the way.
For anglers, the Hiwassee River is the real draw, a TWRA stocked, tailwater trout fishery below the Apalachia Dam and Powerhouse, with the John Muir National Recreation Trail tracing the riverbank for those who'd rather hike than cast. Locals will tell you it's one of the few rivers where you can catch warm water fish and trout in the same afternoon.
Ocoee Mountain Club keeps ownership simple. Annual HOA dues cover road maintenance (the HOA owns the roads) and free use of the community clubhouse, with a multipurpose court and more amenities planned.
Roughly 20 miles to Cleveland, 30 to Chattanooga, and an easy weekend drive from Knoxville or Atlanta.
South Polk Elementary is 1.7 miles away.
Whether you're planning a full time home or a weekend getaway, this is a ready to build lot in one of Polk County's most outdoor oriented communities. Bring your builder and your fly rod.
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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 24, 2026 | Listed by Keller Williams West Knoxville | $20,499 | |
| Listed by Keller Williams West Knoxville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017