7209 Lyngate Blvd
About This Property
Welcome to 7209 Lyngate Boulevard, located in the desirable Brockton Place community of Powell, Tennessee. This well-maintained end-unit offers comfortable one-level living with approximately 1,080 square feet, making it an ideal option for first-time buyers, retirees, or even college students seeking a convenient location with the option for a roommate.
This two-bedroom, two-bathroom home features a functional galley kitchen with granite countertops, laminate flooring throughout, and a spacious living area designed for everyday comfort. The efficient layout provides easy flow between the kitchen, dining, and living spaces while maximizing the home's usable square footage.
The exterior offers durable brick and vinyl siding construction along with a one-car garage, providing both convenience and low-maintenance living. As an end unit, the property benefits from added privacy and natural light compared to interior units.
Located just outside the busy streets of Powell, this property provides quick access to I-75 and Clinton Highway, making commuting simple to Downtown Knoxville, the University of Tennessee, and surrounding areas of Knox County. Shopping, dining, and everyday amenities are all within a short drive, adding to the property's overall convenience.
With its practical layout, low-maintenance construction, and highly accessible location, this home presents an excellent opportunity for buyers seeking affordable and efficient living in the Powell area.
Buyer to verify all information. Square footage, utilities, school zones, and lot boundaries to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. All information provided is deemed reliable but not guaranteed. Buyer to verify all details independently.
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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 | Listed by Stephenson Realty & Auction | $259,900 | |
| Listed by Stephenson Realty & Auction | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017