$20,000
●
House -
Off Market
479 Poor Valley Rd
Rutledge, TN 37861
2 Beds
1 Bath
816 Ft²
$42,837
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
15 acres in Rutledge for an incredible price. The existing home was
built in 1940 and carries little to no value. The land is what
you're getting. This parcel extends up the mountain and has plenty
of potential. It has easy access and is only a few minutes to
downtown Rutledge. The property overlooks a beautiful farm and will
have some gorgeous mountain views once you build your home and
clear out a few trees. It has an existing well and septic but we
are not sure of the condition of either. This property is ready for
your estate, mountain getaway or home! Priced to sell!
Unit Size
816 Ft²
Days on Market
95 days
Land Size
13.13 acres
Price per sqft
$33
Property Type
House
Property Taxes
$43
HOA Dues
-
Year Built
1940
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 months ago (Realtracs #RTC2861918)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $26,900 | |
| Listed | |||
| | |||
|
15 acres in Rutledge for an incredible price. The existing home was built in 1940 and carries little to no value. The land is what you're getting. This parcel extends up the mountain and has plenty of potential. It has easy access and is only a few minutes to downtown Rutledge. The property overlooks a beautiful farm and will have some gorgeous mountain views once you build your home and clear out a few trees. It has an existing well and septic but we are not sure of the condition of either. This property is ready for your estate, mountain getaway or home! Priced to sell!The manager has listed the unit size as 816 square feet.
| |||
| Jul 8, 2017 | Listed | $26,900 | |
| Listed | |||
| | |||
|
15 acres in Rutledge for an incredible price. The existing home was built in 1940 and carries little to no value. The land is what you're getting. This parcel extends up the mountain and has plenty of potential. It has easy access and is only a few minutes to downtown Rutledge. The property overlooks a beautiful farm and will have some gorgeous mountain views once you build your home and clear out a few trees. It has an existing well and septic but we are not sure of the condition of either. This property is ready for your estate, mountain getaway or home! Priced to sell! The manager has listed the unit size as 816 square feet.
| |||
| Aug 12, 2016 | Listed by Keller Williams Realty | $26,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Grainger
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brandon Williams, Keller Williams Realty
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC2861918
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC2861918
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]
Brokerage email: [email protected]
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017