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Cocke
231 Trinity Way
Photo of 231 Trinity Way
Sold on Nov 4, 2020

29

Map

Photo of 231 Trinity Way
Photo of 231 Trinity Way
$160,000
● House - Off Market

231 Trinity Way

Del Rio, TN 37727
bedrooms
2 Beds
bathrooms
1 Bath
square feet
952 Ft²
$211,947
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Do you need to get away from it all? Well this is the place for you. This charming cabin is nestled under a canopy of mature hardwood trees along side ''Granny's Creek'' on 1.97 +/- acres. Granny's Creek gets it fame from years back when the moonshiners used the creek to make their moonshine. There is also the remains of a chimney that is said to be Granny's home-site by the locals. This two bedroom, one bath with a full length covered deck cabin is impeccably maintain. The open floor plan makes entertaining easy! Bedrooms are on either side of the full bathroom for some extra privacy.
Unit Size
952 Ft²
Days on Market
-
Land Size
1.97 acres
Price per sqft
$168
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
1996

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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: 4 months ago (Realtracs #RTC3287464)

Price History

Date / Event Date Event Price
Nov 4, 2020 Sold
Premium
Sold
Jun 12, 2020 Listed by Century 21 Legacy $159,900
Listed by Century 21 Legacy

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • 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: 85,813
  • Total Building Area: 952
  • Building Area: 952
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 952
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001970
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: Y01

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920400

Geography

  • Assessors Map Reference: 088
  • District: 01
  • Parcel: 015088 05511
  • Latitude: 35.871
  • Longitude: -82.9767

    Address

  • Full Address: 231 Trinity Way
  • Address - House Number: 231
  • Address - Street Name: Trinity
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Del Rio
  • Carrier Code: R002
  • 4-Digit Zip Code: 2579
  • Zip Code: 37727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54,000
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.4621
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 153,523
  • High Value: 224,479
  • Low Value: 82,566

    Market Valuation

  • Market Total Value: $84,400
  • Market Land Value: $17,800
  • Market Improvement Value: $66,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,100
  • Assessed Land Value: $4,450
  • Assessed Improvements Value: $16,650

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20004621
  • Previous Sale Recording Date: Dec 11, 1997
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 71
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 Cocke

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$222

Below Asking

0.03%

Average Days on Market

91

Average Home Size

2100 ft²

Average Home Age

33.8 years

Currently For Sale

170 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: Paula Cramer, Century 21 Legacy
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3287464
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 231 Trinity Way built and last sold?
The property at 231 Trinity Way was built in 1996 and last sold on Nov 4, 2020 for $160,000.
How much is this home worth?
The estimated value of the home located at 231 Trinity Way is $165,707.
What are some comparable homes to 231 Trinity Way?
There are currently no comparable homes to 231 Trinity Way.
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