1769 Ponder Drive
About This Property
Property Highlights:
- Bedrooms: 4
- Bathrooms: 2.5
- Square Footage: Over 3,100 SqFt
- Lot Size: Almost an acre of land
- Garage: Large detached 3-car garage with power
- Additional Storage: 2 larger storage buildings with power
Interior Features:
- Master Suite: Master bedroom complete with an en-suite master bath.
- Living Space: Expansive living areas perfect for entertaining and relaxation.
- Sunroom: Spacious sunroom, ideal for morning coffee or evening relaxation.
-Split-Level Layout: A thoughtfully designed layout providing distinct areas for living, dining, and relaxation.
- Basement: Mostly finished basement offering additional living space, storage, or potential for customization.
Exterior Features:
- Lake Views: Enjoy views of Cherokee Lake from a couple of points on the property.
- Land: Almost an acre of beautifully maintained land providing ample space for outdoor activities and gardening.
Location:
- Convenience: Located near retail, restaurants, and recreational activities.
- Accessibility: A short drive to Morristown or Jefferson City.
- Nearby Attractions: Within a 45-minute drive to the vibrant cities of Pigeon Forge and Knoxville.
This home offers a serene lakeside lifestyle with all the conveniences of nearby urban amenities. Don't miss the opportunity to make this exceptional property your own.
Schedule a viewing today and experience comfortable lakeside living in Talbott, TN!
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2024 | Listed by Greater Impact Realty Lakeway | $485,000 | |
| Listed by Greater Impact Realty Lakeway | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 25, 2021 | In contract | - | |
| In contract | |||
| Feb 8, 2021 | Listed | $418,000 | |
| Listed | |||
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3BR/2.5 BA brick home with pretty view of Cherokee Lake. Located in small subdivision of nice homes. There are 4 lots being conveyed, 2 of which could be sold separately in the future. If you are looking for garage/buildings, there is plenty of room for the car or boat enthusiast/toy collector here! Along with the 2 car attached basement garage, there is a 900 square feet 3 bay detached garage, a 480 square feet detached building, plus another good sized garage/barn with cement pad. The setting for this property is very nice and it is located just before a cul-de-sac. Because one of the lots are located in Timber Lake Subdivision, you also have a place to put your boat in the lake. If you are looking for tons of elbow room, this home includes the primary living room, a beautiful sun room off the rear of the home, and a finished living room in the basement that includes a fireplace and bar, also a half bath. There are two possibilities for a Master BR on the main level. The kitchen is eat-in style and there is a formal dining room as well. The home has a metal roof, concrete driveway, double pane windows, freshly painted interior 2 years ago, solid wood and ceramic tile flooring. The rear yard is fenced for a small dog. This home seems to be well maintained but is dated and most buyers will want to add their own touches, so owner priced it accordingly. Location is between Knoxville and Morristown. The Great Smoky Mountains, Gatlinburg and Pigeon Forge are about an hour on beautiful scenic roads. Besides Cherokee Lake we also have Douglas Lake and many others! If you enjoy fishing and boating, this is the place. This home has so much to offer in square footage, setting, and extra buildings! The two extra lots could be sold off separately. The manager has listed the unit size as 2059 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017