22
Map
$339,900
↓ $5K (1.5%)
●
House -
For Sale
2706 Driftwood Dr
Springfield, TN 37172
3 Beds
2 Baths
1,508 Ft²
$1,798
Est. Monthly
About This Property
Beautifully renovated all-brick home in great, established
neighborhood with original newly refinished hardwood floors in
living area and all three bedrooms. All new vinyl windows
installed July 2026! Conveniently located to shopping and
restaurants. Stainless steel appliances in kitchen. Large den or
family room with French doors that lead to a patio and fenced in
backyard, great for entertaining! Property extends past
fence. Primary bath is spacious with Italian tile in shower, glass
shower doors, double vanity with marble top, and polished porcelain
floor tile giving this space an exquisite, luxurious feel!
Don't miss the opportunity to make this house your new home!
Unit Size
1,508 Ft²
Days on Market
24 days
Land Size
0.38 acres
Price per sqft
$225
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1962
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 11 days ago (Realtracs #RTC3531711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Cope Associates Realty & Auction, LLC | $349,900 | |
| Listed by Cope Associates Realty & Auction, LLC | |||
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | Listed by Cope Associates Realty & Auction, LLC | $0 | |
| Listed by Cope Associates Realty & Auction, LLC | |||
   | |||
|
AUCTION
TUESDAY MAY 12 @ 4PM
3BR/2BA HOUSE & LOT
2706 DRIFTWOOD DR. SPRINGFIELD, TN
This 3BR, 2BA brick house contains 1,508+/-sf. It features hardwood floors throughout, den with full brick fireplace and a large lot with fenced in back yard (lot extends beyond fence). House has metal roof, concrete patio area and paved driveway. Outbuilding goes with the property.
Great investment potential for rental or resale.
15% down the day of the auction. Balance due at closing within 30 days of sale.
| |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Appliances: Electric Oven, Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Wood, Luxury Vinyl, Tile
Has Fireplace
Fireplace Features: Den, Wood Burning
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 1508
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 1962
Building Area Total: 1508
Levels: One
Other Structures: Storage
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Features: Level
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16552.8
Lot Size Dimensions: 100X170 IRR
Water Source: Public
Financial Details
Tax Annual Amount: $1,541
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Price/ft²
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Listed On
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HOA + Taxes
About Springfield
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Listed by: Melody Royalty, Cope Associates Realty & Auction, LLC
Last Updated: 11 days ago
Data Source: Realtracs, MLS# RTC3531711
Last Updated: 11 days ago
Data Source: Realtracs, MLS# RTC3531711
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
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