889 Old Towne Loop Drive
About This Property
Inside, the open-concept layout creates a welcoming space where the living room, dining area, and kitchen flow seamlessly together--perfect for everyday living and entertaining. Natural light fills the main living space, while the cozy gas fireplace creates the perfect place to relax and unwind. The kitchen features stainless steel appliances, a gas stove, and plenty of space for cooking, gathering, and making memories.
Upstairs, you'll find all four bedrooms along with the laundry area for added convenience. The spacious primary suite offers a relaxing retreat with a large closet and private bath, while the additional bedrooms provide flexibility for family, guests, or a home office.
Step outside and you'll find an outdoor entertaining paradise designed for making the most of East Tennessee living. Enjoy evenings in the hot tub, host game day with friends while watching football on the exterior TV, or relax under the new gazebo, creating the perfect space for gatherings year-round. The extended driveway and patio area provide even more room for entertaining and enjoying the peaceful setting.
The home also includes a Tesla charger already installed, adding convenience for electric vehicle owners.
With modern finishes, extra storage, and a location close to the beauty and adventure of the Smoky Mountains, this home offers the perfect blend of comfort, lifestyle, and scenic East Tennessee living.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | Listed by Epique Realty | $425,000 | |
| Listed by Epique Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017