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Map
523 Hedgewood Drive
About This Property
Enjoy outdoor living with a fenced front yard complete with a security gate, and a privacy fenced backyard suited for relaxing or entertaining. Just minutes from the North Shore and downtown Chattanooga, you'll love the convenience of city living with the comfort of a private retreat.
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Cap Rate Calculator
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 13, 2026 | Listed by EXP Realty LLC | $250,000 | |
| Listed by EXP Realty LLC | |||
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 1, 2025 | Listed by EXP Realty LLC | $325,000 | |
| Listed by EXP Realty LLC | |||
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This charming bungalow in North Chattanooga gives you the outdoor space you've been looking for. It features rare amenities for the area including a basement, private driveway, and a
spacious two-story tall detached garage/workshop—ideal for storage, projects, or extra space.
Enjoy outdoor living with a fenced front yard complete with a security gate, and a privacyfenced backyard suited for relaxing or entertaining. Just minutes from the North Shore and downtown Chattanooga, you'll love the convenience of city living with the comfort of a private
retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017