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Hardin 38372
175 DRAKE LOOP
Photo of 175 DRAKE LOOP

10

Map

Photo of 175 DRAKE LOOP
Photo of 175 DRAKE LOOP
$89,900
● Land - For Sale

175 DRAKE LOOP

Savannah, TN 38372
bedrooms
Studio
bathrooms
0 Bath
$463
Est. Monthly

About This Property

1.12+/- Acres with Workshop – Just Minutes from Pickwick Lake! Located just outside of Savannah, TN, this beautiful 1.12+/- acre tract offers the perfect setting for your future home or weekend getaway. The property features a 28x38 workshop-ideal for hobbies, storage, or your next project! Enjoy the peaceful countryside while being only a short drive from the fun and relaxation of Pickwick Lake. Don't miss this opportunity to own a little slice of Tennessee charm!
Unit Size
-
Days on Market
61 days
Land Size
1.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$21
HOA Dues
-
Year Built
1964

Listed By

Tiffany Jones

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 months ago (Realtracs #RTC3527867)

Price History

Date / Event Date Event Price
Aug 25, 2026 Listed by Tiffany Jones Realty Group, LLC $89,900
Listed by Tiffany Jones Realty Group, LLC

Property Highlights

Exterior Details
Lot Features: Level
Lot Size Area: 1.12
Lot Size Units: Acres
Lot Size Acres: 1.12
Lot Size Square Feet: 48787.2
Lot Size Dimensions: 1.12
Financial Details
Tax Annual Amount: $252

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • 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: 56,628
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 05, COUNTY AREA: S30

Neighborhood

  • School District Name: Hardin County School District
  • Census Tract: 920501

Geography

  • Assessors Map Reference: 125
  • District: 05
  • Parcel: 036125 00300
  • Latitude: 35.115
  • Longitude: -88.2596

    Address

  • Full Address: 175 Drake Loop
  • Address - House Number: 175
  • Address - Street Name: Drake
  • Address - Suffix Type: Loop
  • State: TN
  • City Name: Savannah
  • Carrier Code: R004
  • 4-Digit Zip Code: 6021
  • Zip Code: 38372

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,200
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 36A00

    Appraisal Valuation

  • Standard Deviation: 0.4456
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 10
  • Final Value: 104,479
  • High Value: 151,039
  • Low Value: 57,918

    Market Valuation

  • Market Total Value: $57,700
  • Market Land Value: $9,800
  • Market Improvement Value: $47,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,425
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $11,975

    Sales

  • Current Sale Recording Date: Feb 05, 1988
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 23, 1979
  • Previous Sale Document Type: 27
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 Hardin

Stats & Trends

Median Asking:

$264,450

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1928 ft²

Average Home Age

30 years

Currently For Sale

106 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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Realtracs

Listed by: Tiffany Jones, Tiffany Jones Realty Group, LLC
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3527867
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 175 Drake Loop built and last sold?
The property at 175 Drake Loop was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 175 Drake Loop is $90,799.
What are some comparable homes to 175 Drake Loop?
There are currently no comparable homes to 175 Drake Loop.
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