985 Claudette Drive
About This Property
Walk in and the first thing you'll notice is the ceiling height. Every room on the main level has 9-foot ceilings, and the living room and primary bedroom step it up further with raised tray ceilings that make the whole place feel bigger than its 1,929 square feet. The open living and dining area flows straight into a kitchen with a breakfast bar, and plenty of cabinet space, so whether you're cooking for two or hosting the whole family, nobody's tripping over each other.
The primary suite is sized for real furniture, not just a bed and a nightstand, and the attached bath has a jacuzzi tub plus a walk-in closet big enough to actually organize. Two more bedrooms sit on the opposite side of the home, which is a layout that works well if you've got kids, guests, or just want some separation between your space and theirs. Upstairs, a bonus room over the garage adds another 264 square feet, perfect for a home office, playroom, or guest space tucked away from the main living area.
Outside, you've got a covered front porch and a rear deck for morning coffee or evening dinners, plus three garden areas already plumbed with water lines if you've been wanting to grow your own vegetables. The 2-car garage runs a full 24 by 24 feet with 10-foot doors, so trucks, lake toys, and storage all fit without a squeeze.
This house has also been kept up mechanically. The HVAC heat pump was replaced in 2023, the water pressure regulator is new in 2026, and there's a whole-house water filtration system along with a tankless water heater backup. A termite bait station system protects the home year-round, and the septic was last serviced in 2021. The radon test came back at 2.2 pCi/L, below the EPA action level, so that's one less thing to worry about.
The location is hard to beat for how much it gives you access to. You're 5.3 miles from Panther Creek State Park and Cherokee Lake access, 5 miles from Merchants Greene for shopping and dining, and about 30 miles from Knoxville if you need a bigger city day. It's a great fit for anyone who wants Hamblen County's small-town pace without sacrificing the storage, layout, and convenient access a growing family actually needs.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | Listed by ReMax Real Estate Ten | $425,000 | |
| Listed by ReMax Real Estate Ten | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017