$499,900
●
House -
Active
8121 Old Highway 73
Townsend, TN 37882
3 Beds
2 Baths
1,898 Ft²
$2,516
Est. Monthly
About This Property
Exceptional Location in Heart of Townsend on corner of Wears Valley
Rd and Old Highway 73. Two BR One Full Bath Home in Great
Condition; Plus Separate Entrance to Private 2nd Floor
Apartment with Large LR, Full Bath, Kitchenette and Large BR.
Central Heat/Air. Residential Single Family Home in City of
Townsend city limits with Bonus of B-1 Business Zoning. Ideal
location for Business Opportunity in Townsend. Opportunity for
family member to live onsite or rent out extra Apartment.. Check
with City of Townsend for business activity permitted in B-1
Zoning. . Home located on .42 Acre Lot with tremendous
visibility and large level grass yard on Wears Valley Rd.
Home Being sold As Is. Lawn Mower in garage is Not Included.
Can be shown Anytime. Call List Agent.
Unit Size
1,898 Ft²
Days on Market
151 days
Land Size
0.42 acres
Price per sqft
$263
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1956
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 days ago (East Tennessee Realtors #1265996)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Listed by CENTURY 21 Legacy | $499,900 | |
| Listed by CENTURY 21 Legacy | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Main Level
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Range, Refrigerator
Flooring Type: Hardwood, Tile
Rooms: 9
Fireplace Features: None
Basement: Slab
Exterior Details
Square Footage: 1898
Architectural Style: Traditional
Year Built: 1956
Building Area Total: 1898
Window Features: Windows - Wood, Windows - Aluminum
Construction Materials: Stone, Cedar, Frame
Patio and Porch Features: Covered, Patio
Lot Features: Corner Lot, Level
Lot Size Area: 0.42
Lot Size Units: Acres
Lot Size Acres: 0.42
Lot Size Square Feet: 18295.2
Water Source: Public
Financial Details
Tax Annual Amount: $729
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Heat Pump, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Amenities: Other
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
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HOA + Taxes
About Townsend
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Listed by: Kathy L. Hmielewski
Listed Office: CENTURY 21 Legacy - Listing courtesy of East Tennessee Realtors
Phone: 865-984-2121
Last Updated: 2026-10-18 15:03:57
Last Checked: 6 days
Data Source: East Tennessee Realtors, MLS# 1265996
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: CENTURY 21 Legacy - Listing courtesy of East Tennessee Realtors
Phone: 865-984-2121
Last Updated: 2026-10-18 15:03:57
Last Checked: 6 days
Data Source: East Tennessee Realtors, MLS# 1265996
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