485 Longmire Road
About This Property
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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 |
|---|---|---|---|
| Jun 19, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Franklin Realty | $219,900 | |
| Listed by Franklin Realty | |||
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Just 4 miles from Cherokee Lake's best beaches, boat launches, picnic areas, walking trails, and outdoor family recreation in Jefferson County, Tennessee! This charming 896+/- sq. ft. farmhouse offers the perfect opportunity for someone ready to add a little TLC and create their own mini farm lifestyle. Situated on approximately 2 fenced acres, the property is ready for horses, cows, goats, chickens, pigs, or your favorite farm animals. Plenty of room for gardening, relaxing, and enjoying peaceful country living surrounded by farmland and scenic views. The home features 2 bedrooms, 1 bath, a comfortable living room, and a kitchen/dining combo. Enjoy shade trees, gentle rolling topography, and a welcoming porch perfect for quiet evenings outdoors. Douglas Lake and Dandridge, TN are only about 15 miles away, adding even more recreation and convenience nearby. Ideal as a primary residence, weekend retreat, overnight rental, or investment property once updated. Property may offer subdivision potential with additional building space on the hill behind the home. Oil heat, window air conditioning, clothesline, and country charm included. Bring your vision and make this ''Home Sweet Home'' your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017