Lot 84 Mallard Baye
About This Property
While the property offers quiet country living, it is conveniently located only about 15 miles from Jefferson City, Tennessee, where you'll find grocery stores, restaurants, a hospital, Lowe's, Walmart, and many other everyday conveniences. East Tennessee is known for its low property taxes, no state income tax, and moderate weather, making it a wonderful place to call home. This property is a must see!
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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 11, 2026 | Listed by United Real Estate Solutions | $74,900 | |
| Listed by United Real Estate Solutions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017