6993 Davis Ferry Rd
About This Property
Nice clean Complete REMODEL 2 BR 1 bath home sitting on 2.61 acres in Loudon Co. with no restrictions. New Metal Roof...New Vinyl Siding and New PEX water lines. Need another BR or BATH ? Easy to add on. Need a large Garage ? Easy to add on. Very little grass to mow. Paved driveway surrounds the home. Perfect for anyone with mobility issues. Great for a man cave. Floors are tile. Large rooms. Room for RV's Boats etc. Don't miss out. Think Outside the box!
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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 13, 2026 | Price Decreased |
$225,000
↓ $15K
(6.3%) | |
| Price Decreased | |||
| Oct 4, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by ReMax Excels | $250,000 | |
| Listed by ReMax Excels | |||
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Listed Office: ReMax Excels - Listing courtesy of East Tennessee Realtors
Phone: 865-408-1616
Last Updated: 2026-10-14 15:03:52
Last Checked: 19 days
Data Source: East Tennessee Realtors, MLS# 1351006
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017