00 MEADOWVIEW LANE
About This Property
Build the home you've always envisioned on this beautiful 5 acre parcel in eastern Louisa County. Hidden away near the end of a private road, this property offers the perfect balance of peaceful country living and everyday convenience, just 15 minutes from I-64 at Exit 152.
A driveway is already in place, making it even easier to begin planning your dream home. The property also features a conventional perc approval for a 4 bedroom home, completed in August 2024, providing added value and helping streamline your building plans. Paperwork is in the document section.
Backing to open farmland, this property offers a private setting with picturesque views and a sense of space that's becoming increasingly hard to find. Whether you're looking for a peaceful retreat, room to spread out, or the perfect place to build your forever home, this exceptional homesite is ready for your vision.
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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 8, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Relisted | $99,999 | |
| Relisted | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by NEXTHOME BLUE HERON REALTY GROUP | $99,999 | |
| Listed by NEXTHOME BLUE HERON REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017