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9204 Pine Ridge Road
About This Property
From the moment you pull into the brand-new driveway, the care and attention poured into every detail is undeniable. Fresh interior and exterior paint, leaf guards on the gutters for ease of maintenance, new Luxury Vinyl Plank flooring, updated fixtures, and all-new lighting set the tone throughout. The open-concept kitchen, dining, and living area is made for gathering, anchored by a stunning flagstone wood-burning fireplace that soars from floor to the vaulted ceiling, the kind of centerpiece that stops people mid-tour. The kitchen has been thoughtfully updated with granite countertops and modern finishes that balance style with function. A generator ensures you never have to go without power.
Step out back to a brand-new deck overlooking a serene, private fenced yard, your own quiet escape.
A standout feature is a private suite with its own entrance and ensuite bath, currently generating short-term rental income and ready to keep earning or to welcome guests and extended family in style. The two-car garage includes attic storage above, and there is absolutely no HOA. Ooltewah is one of the most sought-after suburbs in the greater Chattanooga area, and homes with this much charm and this many updates do not last long.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$314,900
↓ $15K
(4.6%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$329,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017