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5773 Sarah Drive
About This Property
This well maintained home sits in the sought after Hamilton on Hunter South subdivision, offering an inviting covered front porch that leads into a spacious living area with gleaming hardwood floors and a cozy gas fireplace, perfect for relaxing evenings.
The bright, airy kitchen features ample cabinet space and a gas stove, ideal for everyday cooking or hosting. The primary suite provides a serene retreat, while the additional bedrooms offer flexibility for guests or a home office.
Step into the enclosed sunroom overlooking a large backyard, a wonderful space for entertaining, gardening, or simply unwinding in nature. (Sunroom not included in square footage.)
Outside, you'll also find a 10×11 air-conditioned and heated outbuilding, currently used as an office, an excellent bonus for remote work or hobbies. The property backs up to state and federal land, making future development behind the home unlikely.
Additional highlights include gas heating, gas water heater, HVAC serviced in March, and a 10-year-old roof. And yes, only county taxes.
Close to top-rated schools and convenient amenities, this home offers the lifestyle so many buyers are seeking in Ooltewah. Don't miss your chance to own this beautiful property, schedule your private showing today.
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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 2, 2026 | Relisted | $395,000 | |
| Relisted | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by EXP Realty LLC | $395,000 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017