1565 Broyles Lane
About This Property
Welcome to 1565 Broyles Lane, Morristown, TN -- a brand new 2024 home that has never been lived in, offering 3 bedrooms, 2 bathrooms, and 1,264 square feet of thoughtfully designed open-concept living.
Step inside and you'll appreciate the spacious main living area and seamless flow into the kitchen. The layout also includes a dedicated laundry room, providing functionality and separation from the main living spaces. The true primary suite is designed for comfort and privacy, while brand-new appliances and a manufacturer's warranty provide peace of mind from day one.
Situated on a level 0.5-acre lot, this property offers the space so many buyers are searching for. The amazing large backyard provides endless possibilities -- room for entertaining, pets, gardening, play space, or future expansion. Enjoy both beautiful front and back porches, perfect for morning coffee or relaxing evenings. The property also includes a small garage/outbuilding with a brand-new roof, ideal for storage, workshop space, or hobbies.
Located just minutes from Cherokee Lake and conveniently close to schools, grocery stores, restaurants, and everyday amenities, this home delivers both peaceful surroundings and easy access to town.
Information deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by Century 21 Legacy GP | $225,000 | |
| Listed by Century 21 Legacy GP | |||
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New construction. Extra space. Prime location. Opportunity. Space. Location. Value.
Welcome to 1565 Broyles Lane, Morristown, TN -- a brand new 2024 home that has never been lived in, offering 3 bedrooms, 2 bathrooms, and 1,264 square feet of thoughtfully designed open-concept living.
Step inside and you'll appreciate the spacious main living area and seamless flow into the kitchen. The layout also includes a dedicated laundry room, providing functionality and separation from the main living spaces. The true primary suite is designed for comfort and privacy, while brand-new appliances and a manufacturer's warranty provide peace of mind from day one.
Situated on a level 0.5-acre lot, this property offers the space so many buyers are searching for. The amazing large backyard provides endless possibilities -- room for entertaining, pets, gardening, play space, or future expansion. Enjoy both beautiful front and back porches, perfect for morning coffee or relaxing evenings. The property also includes a small garage/outbuilding with a brand-new roof, ideal for storage, workshop space, or hobbies.
Located just minutes from Cherokee Lake and conveniently close to schools, grocery stores, restaurants, and everyday amenities, this home delivers both peaceful surroundings and easy access to town.
Information deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017