211 Chestnut Lane
About This Property
Here is your Opportunity
Discover the unparalleled charm of the Tennessee National Lake and Golf Lifestyle with this exceptional opportunity to build your dream home in an upscale, gated community. This lot is perfect for creating a cozy, low-maintenance home, giving you more time to indulge in boating, golfing, traveling, or whatever your heart desires.
As a property owner, you'll enjoy an array of amenities available now and the exciting additions on the horizon. Tennessee National offers a 24/7/365 guarded and gated community with separate gates for individual neighborhoods, accessible with a fob.
Explore several miles of nature trails and immerse yourself in the vibrant, active lifestyle this community offers--don't miss this fantastic opportunity to be part of a growing lake and golf community that truly has it all! The community includes: - **Greg Norman Signature Private Golf Course** for golf enthusiasts - **saltwater pool** for relaxation - Social venues like the **Sunset Saloon** and **Top Tracer Driving Range**, which features a grill, bar, fire pits, and driving range - The **Silos Restaurant** for dining options - **Boat slips available for lease at the marina, with rental options for kayaks and stand-up paddle boards - **Pickleball Courts. ** Future enhancements include a waterfront restaurant, and coffee shop, further enriching the community experience. Enjoy miles of nature trails that invite exploration and an active lifestyle.
**Convenient Location** Tennessee National is conveniently located less than 30 minutes from the upscale shopping and dining in West Knoxville's Turkey Creek. McGhee Tyson Airport is just a 40-minute drive away, and the vibrant Market Square in downtown Knoxville is accessible within 40-45 minutes.
Everything you need is within easy reach.
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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 |
|---|---|---|---|
| Mar 13, 2025 | Listed by Realty Executives Associates | $83,500 | |
| Listed by Realty Executives Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017