24
Map
624 Clay Drive
About This Property
Discover this newer 4-bedroom, 2-bathroom gem with a 2-car garage nestled in the serene Greene Meadows Subdivision in Talbott, TN. This home boasts numerous updates, including new ceiling fans, a stylish vinyl fence, and a delightful screened-in back porch. The property is enhanced by exquisite landscaping featuring a crab apple, and red bud.
Inside, enjoy the luxury of new granite bathroom sink tops, a sleek glass shower door, and a new storm door with a built-in screen. The garage has been freshly painted and fitted with solar lighting, and the entire interior of the home has also been newly painted. Located in stunning East Tennessee, this home is conveniently close to many popular destinations, offering both comfort and convenience.
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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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2024 | Listed by Greater Impact Realty Lakeway | $369,900 | |
| Listed by Greater Impact Realty Lakeway | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017