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Cocke
4534 Houge Way
Photo of 4534 Houge Way
Sold on Jan 4, 2024

37

Map

Photo of 4534 Houge Way
Photo of 4534 Houge Way
$240,000
● House - Off Market

4534 Houge Way

Cosby, TN 37722
bedrooms
2 Beds
bathrooms
2 Baths
square feet
765 Ft²
$1,209
Est. Monthly

About This Property

Completely renovated, fully furnished, turn-key home with great proximity to Gatlinburg, Newport, and The Great Smoky Mountain National Park! This home has so much to offer! With all new in 2021 Pex plumbing, new hot water tank, new windows and doors throughout the entire home, new Levolor shades, new insulation, paneling, kitchen appliances, floors, subfloor, cabinets, and updated bathrooms and much more. Well maintained property that would make a great investment property or second home!
Unit Size
765 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$314
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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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: 4 months ago (Realtracs #RTC3286844)

Price History

Date / Event Date Event Price
Jan 4, 2024 Sold
Premium
Sold
Apr 24, 2023 Listed by Century 21 Legacy $240,000
Listed by Century 21 Legacy

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1984
  • 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: 18
  • 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: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 645
  • Building Area: 645
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 645
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EARL M HOUGE
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: X01

Neighborhood

  • School District Name: Cocke County School District
  • Census Tract: 920700

Geography

  • Assessors Map Reference: 127H
  • District: 09
  • Parcel: 015127H A 00800
  • Lot: 10
  • Latitude: 35.7831
  • Longitude: -83.2585

    Address

  • Full Address: 4534 Houge Way
  • Address - House Number: 4534
  • Address - Street Name: Houge
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Cosby
  • Carrier Code: R005
  • 4-Digit Zip Code: 2422
  • Zip Code: 37722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,600
  • Tax Rate Code Area: 15A00

    Appraisal Valuation

  • Standard Deviation: 0.1253
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 86
  • Final Value: 220,618
  • High Value: 248,263
  • Low Value: 192,973

    Market Valuation

  • Market Total Value: $55,700
  • Market Land Value: $25,200
  • Market Improvement Value: $30,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,925
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $7,625

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 80
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

2101 ft²

Average Home Age

34.2 years

Currently For Sale

169 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: Karah Chancey, Century 21 Legacy
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3286844
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 4534 Houge Way built and last sold?
The property at 4534 Houge Way was built in 1975 and last sold on Jan 5, 2024 for $240,000.
How much is this home worth?
The estimated value of the home located at 4534 Houge Way is $239,861.
What are some comparable homes to 4534 Houge Way?
There are currently no comparable homes to 4534 Houge Way.
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