Fully Furnished Lake
8045 Sarah Thomas Road Silver Point, TN 38582
For Sale
$299,900
COMMERCIAL - Silver Point, TN
Property Size1,320 SF
Lot Size0.36 Acres
Price / SF$227.20
Days on Market37
Property Features for 8045 Sarah Thomas Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Standard status
Active
APN
113C B 011.00
Size
1,320 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Annual Amount
1036
Utilities
Utilities
Natural Gas Available
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Building materials
Frame, Wood Siding
Roof type
Metal
Listing Agency:
RE/MAX ONE, LLC
(931) 520-7777
Listed By:
Connie McCormick · License #296772
(931) 260-0440
Added: Jun 23
Changed: Jul 25
Last Checked: Jul 29 at 9:06AM
MLS# 245047
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey and fully furnished, this private cabin offers 3 bedrooms and 2 bathrooms, designed for comfortable everyday living and easy entertaining. The home includes two spacious decks for outdoor downtime, and the property is being sold with Lots 25 and 26 for added space and flexibility. Owner financing is available.
The cabin sits in Putnam County at 8045 Sarah Thomas Road in Silver Point, with a seasonal view of Center Hill Lake. The setting borders Corps of Engineers property, providing an added level of privacy and a protected natural backdrop, and there is no HOA.
For lake access and recreation, nearby boat ramp access is available, and the listing notes convenient driving proximity to Cookeville, Smithville, Hurricane Marina, Edgar Evins State Park, and I-40.
The cabin sits in Putnam County at 8045 Sarah Thomas Road in Silver Point, with a seasonal view of Center Hill Lake. The setting borders Corps of Engineers property, providing an added level of privacy and a protected natural backdrop, and there is no HOA.
For lake access and recreation, nearby boat ramp access is available, and the listing notes convenient driving proximity to Cookeville, Smithville, Hurricane Marina, Edgar Evins State Park, and I-40.
Key Highlights
- Fully furnished 3‑bedroom, 2‑bath cabin with seasonal views of Center Hill Lake
- Two spacious decks for outdoor relaxing and lake‑life living
- Year built 1984 with frame and wood siding construction
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.3k | $19.20 |
| − Vacancy | −$1.7k | −$1.31 |
| EGI | $23.6k | $17.89 |
| − OpEx | −$10.6k | −$8.05 |
| NOI | $13.0k | $9.84 |
1,320 SF · lease $19.20/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$185.6K
$162.4K – $216.5K
NOI $12,991 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$544.8K
$476.7K – $635.6K
NOI $38,135 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Turnkey, fully furnished cabin with 3 bedrooms, 2 baths, and two decks with a seasonal Center Hill Lake view.
Where is this single family property located?
The property is located at 8045 Sarah Thomas Road Silver Point, TN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Fully furnished 3‑bedroom, 2‑bath cabin with seasonal views of Center Hill Lake; Two spacious decks for outdoor relaxing and lake‑life living; Year built 1984 with frame and wood siding construction
