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Cumberland
110 Locust Grove
$156,000
● House - Off Market

110 Locust Grove

Cartersville, VA 23027
bedrooms
2 Beds
bathrooms
1 Bath
$737
Est. Monthly
17.08%
Cap Rate

About This Property

Looking for acreage... Small home with 3 lots totaling just over 6.9 acres available in a quiet rural setting. Property is a 2bdrm, 1 bath home that needs renovation, but does have a newer roof and partial exterior siding has been started. There is a shed and a larger outbuilding that can be completed into tiny home for additional living quarters. Property being sold as is; home inspection is for informational purposes only.
Unit Size
-
Days on Market
114 days
Land Size
6.96 acres
Price per sqft
-
Property Type
House
Property Taxes
$25
HOA Dues
-
Year Built
-

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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 (CVRMLS #2501549)

Price History

Date / Event Date Event Price
May 15, 2025 Sold
Premium
Sold
Apr 10, 2025 In contract -
In contract
Mar 31, 2025 Relisted $145,000
Relisted
Jan 22, 2025 In contract -
In contract
Jan 19, 2025 Listed by First Choice Realty $145,000
Listed by First Choice Realty
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001

Neighborhood

  • School District Name: Cumberland County Public Schools
  • Census Tract: 930101

Zoning

  • Zoning: A2

Geography

  • Account Number: 12329
  • Parcel: 037 A 51
  • Municipality: HAMILTON
  • Latitude: 37.5769
  • Longitude: -78.144

    Address

  • Full Address: 110 Locust Grv
  • Address - House Number: 110
  • Address - Street Name: Locust
  • Address - Suffix Type: Grv
  • State: VA
  • City Name: Cartersville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9774
  • Zip Code: 23027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,698

    Appraisal Valuation

  • Standard Deviation: 0.2041
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 104,981
  • High Value: 126,412
  • Low Value: 83,550

    Market Valuation

  • Market Total Value: $24,930
  • Market Land Value: $18,500
  • Market Improvement Value: $6,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,930
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $6,430
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cumberland

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

71

Average Home Size

1633 ft²

Average Home Age

16.2 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Jackie McMillon, First Choice Realty
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2501549
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 110 Locust Grove built and last sold?
The property at 110 Locust Grove was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 110 Locust Grove is $0.
What are some comparable homes to 110 Locust Grove?
There are currently no comparable homes to 110 Locust Grove.
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