39
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240 Coffman Road
About This Property
Owned by the same family for over 50 years, this well-maintained 3-bedroom, 2-bathroom home offers approximately 1,633 sq ft with a practical one-level layout designed for everyday living.
From the moment you arrive, you'll appreciate the inviting setting with a spacious front and backyard, additional room between neighboring homes, and easy access to nearby highways for convenient travel.
Inside, you'll find inviting living spaces with a layout that reflects years of pride in ownership and everyday living.
Recent updates include a newer HVAC system and an updated hallway bathroom shower, while a handicap-accessible ramp adds additional convenience and accessibility.
The home is connected to public water, and the septic system was pumped in 2025 for added peace of mind.
Outside, the detached building offers excellent flexibility for storage, hobbies, workshop space, or recreational use and includes a full bathroom. The previous window unit has been removed, giving the new owner the option to install a new window unit or mini-split system based on their needs.
Conveniently located near shopping, dining, and Cherokee Lake recreation, this property combines peaceful living with everyday convenience in the heart of Bean Station.
Information deemed reliable but not guaranteed. Buyer to verify all information.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Relisted | $265,000 | |
| Relisted | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Listed by Century 21 Legacy GP | $265,000 | |
| Listed by Century 21 Legacy GP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017