$365,000
●
House -
Off Market
11 HANOVER DRIVE
FREDERICKSBURG, VA 22406
2 Beds
2 Baths
1,202 Ft²
$2,192
Est. Monthly
$185
HOA / Fees
4.75%
Cap Rate
About This Property
THIS UPDATED 2 BEDROOM, 2 BATH YORK FLOOR PLAN IS IN THE GATED
ACTIVE ADULT COMMUNITY OF FALLS RUN! NEW FLOORING, NEW
CARPET, FRESH PAINT THROUGHOUT, NEW LIGHTING, NEW CEILING FANS, NEW
RANGE, NEW REFRIGERATOR, NEW GARAGE DOOR, MORE! ROOF, SIDING,
HVAC, WATER HEATER ALL NEWER! THE PRIMARY SUITE HAS A LARGE
WALK-IN CLOSET, EN-SUITE BATH WITH DUAL SINKS AND A WALK-IN SHOWER.
THE KITCHEN HAS LOTS OF CABINET SPACE AND IS OPEN TO THE DINING
AREA AND GREAT ROOM. ENJOY THE OUTDOORS ON THE REAR PATIO OR FRONT
PORCH. FALLS RUN IS A GATED 55+ ACTIVE ADULT COMMUNITY SITUATED ON
228 ACRES OF LAND AND IS LOADED WITH AMENITIES AND ACTIVITIES
INCLUDING A RECENTLY REMODELED CLUBHOUSE, FITNESS CENTER, EXERCISE
ROOM, INDOOR AND OUTDOOR POOLS, HOT TUB, MEETING ROOMS,
GAME/BILLIARD ROOM, MORE! BE SURE TO STOP BY THE CLUBHOUSE AND
CHECK IT OUT. HOUSE IS LOCATED ON A QUIET NO EXIT STREET WITH
MINIMAL TRAFFIC, CONVENIENT LOCATION OFF COMMUTER ROUTES AND NEARBY
RESTAURANTS AND SHOPPING.
Unit Size
1,202 Ft²
Days on Market
29 days
Land Size
0.19 acres
Price per sqft
$304
Property Type
House
Property Taxes
$214
HOA Dues
$185
Year Built
2003
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #VAST2037380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed | $365,000 | |
| Listed | |||
| | |||
|
THIS UPDATED 2 BEDROOM, 2 BATH YORK FLOOR PLAN IS IN THE GATED ACTIVE ADULT COMMUNITY OF FALLS RUN! NEW FLOORING, NEW CARPET, FRESH PAINT THROUGHOUT, NEW LIGHTING, NEW CEILING FANS, NEW RANGE, NEW REFRIGERATOR, NEW GARAGE DOOR, MORE! ROOF, SIDING, HVAC, WATER HEATER ALL NEWER! THE PRIMARY SUITE HAS A LARGE WALK-IN CLOSET, EN-SUITE BATH WITH DUAL SINKS AND A WALK-IN SHOWER. THE KITCHEN HAS LOTS OF CABINET SPACE AND IS OPEN TO THE DINING AREA AND GREAT ROOM. ENJOY THE OUTDOORS ON THE REAR PATIO OR FRONT PORCH. FALLS RUN IS A GATED 55+ ACTIVE ADULT COMMUNITY SITUATED ON 228 ACRES OF LAND AND IS LOADED WITH AMENITIES AND ACTIVITIES INCLUDING A RECENTLY REMODELED CLUBHOUSE, FITNESS CENTER, EXERCISE ROOM, INDOOR AND OUTDOOR POOLS, HOT TUB, MEETING ROOMS, GAME/BILLIARD ROOM, MORE! BE SURE TO STOP BY THE CLUBHOUSE AND CHECK IT OUT. HOUSE IS LOCATED ON A QUIET NO EXIT STREET WITH MINIMAL TRAFFIC, CONVENIENT LOCATION OFF COMMUTER ROUTES AND NEARBY RESTAURANTS AND SHOPPING.
| |||
| Jul 1, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
Price/ft²
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HOA + Taxes
About England Run
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Listed by: Cathy L Strittmater
Keller Williams Realty/Lee Beaver & Assoc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAST2037380
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.
Keller Williams Realty/Lee Beaver & Assoc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAST2037380
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