267 Back 9 Drive
About This Property
📍 267 Back Nine Drive, Baneberry, TN 37890
🛏 3 Bedrooms | 🛁 2.5 Bathrooms | 📐 1,817 Sq Ft | 🏡 Built 1993 (Effective Year 2003)
Welcome to this beautifully maintained home nestled on a large, private lot in the heart of Baneberry-a quiet, upscale community known for its stability, charm, and friendly neighborhood vibe.
Step inside to find hardwood and tile flooring throughout, adding both elegance and durability to the home's inviting interior. The main living areas are bright and spacious, with a screened-in sunroom and brand-new deck, perfect for enjoying 8-9 months of comfortable outdoor living.
The thoughtfully designed layout includes 3 bedrooms, 2.5 baths, and a floored walk-up attic offering tremendous storage and potential to finish for additional living space. The home also features an enclosed garage and plenty of parking-ideal for guests or a growing household.
Located in the mature, Lakeland subdivision with monthly socials, a community center, local fire and police departments, a mail center, and more, this property offers not just a home-but a lifestyle.
📞 Don't miss your chance to own a piece of Baneberry's best-kept secret. Schedule your private showing today! Pre-Qualification required for all showings.
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$419,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 24, 2025 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Jun 24, 2025 | Price Decreased |
$449,900
↓ $30K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017