768 Firefly Drive
About This Property
Tennessee National is a luxurious community that offers a wide range of amenities for its residents to enjoy. One of the highlights of the community is the top 10 rated (Golf Digest) Greg Norman Signature Golf Course, which provides a challenging and scenic backdrop for golf enthusiasts. In addition, the community features 24-hour guarded gate service, ensuring the safety and security of all residents. For those who enjoy boating and water activities, Tennessee National boasts a marina and 3.5 miles of lakefront on the Tennessee River, offering plenty of opportunities for outdoor recreation. The brand new clubhouse serves as a gathering place for residents to socialize and relax, while the outdoor saloon and saltwater pool & hot tub provide additional options for leisure and entertainment. Nature lovers will appreciate the abundance of wildlife that can be found throughout the community, as well as the stunning views of the East Tennessee Mountains. The pavilion hosts concerts and events, while the top tracer bays offer a fun and interactive way to practice golf skills. The community also has a very active social scene, with plenty of opportunities for residents to connect and engage with one another. Conveniently located near Interstate 75, Tennessee National is just 20 minutes away from Turkey Creek, a major retail, restaurant, & medical hub of Knoxville. Additionally, residents have easy access to Mcghee-Tyson airport, which is only 40 minutes away.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Listed by Realty One Group Ascend | $299,000 | |
| Listed by Realty One Group Ascend | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017