14
Map
4401 James Lane
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 14, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $90,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
| Aug 13, 2026 | No longer available | - | |
| No longer available | |||
| Jul 2, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $100,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
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Discover the potential of nearly 2.2 acres in the sought-after Murray Hills area of Chattanooga! Sold as a package, these two combined wooded parcels on James Lane offer a rare canvas for a custom home, spec build, or investment opportunity in a well-established, single-family neighborhood. The gently sloped, irregular topography lends itself to creative architectural designs and a private, tucked-away setting surrounded by mature trees. Portions of the land have already been cleared and graded, giving you a head start toward breaking ground. Zoned R-1 with paved road access, this property sits just minutes from Highway 58, shopping, dining, and Hamilton County schools, with the Chickamauga Lake and marina nearby. Whether you're a homeowner dreaming of a custom build or a builder/developer seeking your next project, this is your chance to plant roots in a growing area. Buyer to verify all utilities, building requirements, and information of concern. Don't miss out -- contact us today!
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| Oct 24, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by The Group Real Estate Brokerage | $72,000 | |
| Listed by The Group Real Estate Brokerage | |||
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Are you an investor or homebuyer looking to capitalize on the growing demand for housing in the Murray Hills area on James Lane? Look no further! Presenting a beautiful piece of land with steep slopes, ideal for a custom home for a homeowner, a spec build, or a savvy investor. With its unique topography, this parcel offers endless possibilities for creativity while combining two parcels for possibly more than one home with beautiful architectural designs. Don't miss out on this opportunity to finish out building in this well-established neighborhood within minutes of Hamilton County Schools, shopping, and eateries. Contact us today to secure your future in buying this land for your custom home or spec home for builders/developers!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017