4705 Nebo Rd
About This Property
Extensively renovated in 2021 and 2022, the home features a new roof, updated plumbing, updated electrical, New foam insulation, heating and air units, flooring, fresh paint, and numerous additional improvements, providing peace of mind for years to come. In 2026, a brand-new water line was installed from the road to the home, adding even more value and reliability.
The inviting interior offers an open living space filled with natural light, a comfortable bedroom, and a versatile loft perfect for additional sleeping space, a home office, or recreation area. Outside, the six-acre setting provides endless possibilities, from homesteading, gardening, and recreation to creating your own mini farm or simply enjoying the privacy and mountain air.
If you've been dreaming of a beautifully updated home with acreage, low utilities, and low taxes, in the heart of East Tennessee, this is an opportunity you won't want to miss. Owner/Agent
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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 |
|---|---|---|---|
| Oct 4, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Realty Executives Associates | $375,000 | |
| Listed by Realty Executives Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017