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1008 HEADQUARTERS WAY
About This Property
Situated on the largest homesite in the community and featuring the only 3-car garage in the neighborhood, this exceptional 2021-built home offers a combination of space, functionality, and location that rarely becomes available.
From the moment you arrive, you'll notice the professionally landscaped exterior, expanded outdoor space, and curb appeal that sets this property apart from neighboring homes. Inside, fresh paint, updated hardwood flooring, and a thoughtfully designed floor plan create a move-in ready experience that feels both modern and comfortable.
The main living areas flow seamlessly for everyday living and entertaining, while the finished walkout basement provides valuable additional living space ideal for a recreation room, home office, gym, media room, or guest retreat.
The fully fenced backyard offers privacy, room to play, space for pets, and opportunities to create the outdoor lifestyle you've been searching for.
Beyond the property itself, the location is difficult to beat. Enjoy convenient access to Downtown Fredericksburg's restaurants, shopping, entertainment, parks, and waterfront attractions while maintaining easy access to I-95, Route 1, commuter routes, and VRE options for those traveling toward Quantico, Northern Virginia, Richmond, or Washington, DC.
Built in 2021, offering one of the community's largest lots, the neighborhood's only 3-car garage, a finished walkout basement, fresh updates throughout, and a highly desirable Fredericksburg location, this is a rare opportunity that won't last.
Back on the market through no fault of the sellers. The previous buyer was unable to complete financing, creating a second opportunity to own this exceptional home.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $625,000 | |
| Relisted | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by EXP Realty, LLC | $625,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
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About Fredericksburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017