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Property profile & analytics
OFF-MARKET
Residential income homes

202 Jessee Rd Maynardville, TN 37807

3,561 SF Built 2003
Property ID
US80-0602876
Property summary
AI-generated overview

Exceptional investment opportunity: Cover Manor, a two-building, multifamily property situated on Norris Lake in Maynardville, Tennessee. This 3,561 square foot property, built in 2003 and renovated in 2015, boasts a prime location just two miles from Highway 33. The property features a total of three bedrooms and four bathrooms, spread across two stories. The main level offers an open floor plan perfect for entertaining, complemented by a sunroom/dining area with stunning lake views. Upstairs, a primary suite provides breathtaking 360-degree water vistas. The lower level includes a spacious recreation area with a bar, ideal for gatherings, along with two additional generously sized bedrooms. A covered two-bay dock, complete with a jet ski port and lounge area, enhances the property's appeal. Zoned for special residential use, this property has generated over $41,000 in income as an Airbnb or vacation rental, presenting significant potential for continued profitability. The property's address is 202 Jessee Rd, Maynardville, TN 37807. This turnkey investment is ready for immediate income generation.

Property profile
Verified
Property type Residential income homes
Year built 2003
Total area 3,561 SF
UPID US80-0602876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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