$555,000
●
House -
Off Market
1012 LOCUST LN
CHARLOTTESVILLE, VA 22901
3 Beds
2 Baths,
1
Half Bath
1,488 Ft²
$3,123
Est. Monthly
5.18%
Cap Rate
About This Property
Gorgeous home in the heart of downtown Charlottesville! This
beautifully maintained residence offers an open floor plan, perfect
for entertaining. The spacious great room with a cozy gas fireplace
flows seamlessly into the kitchen, creating a warm and inviting
gathering space. The first-floor primary suite features a trey
ceiling, large walk-in closet, and a spa-like ensuite with double
vanities?ideal for comfortable one-level living. Upstairs, you?ll
find two generously sized bedrooms, a full bath, and a charming
reading nook.Enjoy the private fenced backyard with a
low-maintenance composite deck, or unwind on the welcoming covered
front porch. All just minutes from downtown, UVA, Pantops, the
Rivanna Trail, and I-64?this home combines style,comfort and
convenience.,Granite Counter,Wood Cabinets,Fireplace in Great Room
Unit Size
1,488 Ft²
Days on Market
156 days
Land Size
0.10 acres
Price per sqft
$370
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
2012
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 13 months ago (Bright MLS #665328)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Sep 27, 2025 | In contract | - | |
| In contract | |||
| Sep 14, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$575,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Jul 20, 2025 | Price Decreased |
$579,000
↓ $21K
(3.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Locust Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: JANET BRADLEY
HOMESELL REALTY
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 665328
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
HOMESELL REALTY
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 665328
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017