112 LONG POINT DRIVE
About This Property
A wall of windows and glass slider leads to an outdoor custom paver back patio overlooking a lush green space (all lawn maintenance covered and handled by HOA). The garage has a self-contained workshop and opens out to a concrete paved driveway that provides off-street parking for a 2nd car adjacent to the private front yard. Additional guest parking is immediately across the street for guests. A multi-zone irrigation sprinkler system keeps the front and rear yard green year round!
Sited within an active lifestyle community cluster of residences, amenities include sport courts (pickleball, tennis and bocce), indoor / outdoor pool, putting green and the Riverside Lodge complete with a fitness center and indoor walking track. Celebrate by Virginia includes social clubs, event spaces, and regular community gatherings! Snow removal included in the HOA fee. 5 minutes from Celebrate Virginia North Shopping Center, 10 mins to I-95 access (Route 17) and 15 mins to Downtown Fredericksburg. Welcome home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$409,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by Keller Williams Capital Properties | $415,000 | |
| Listed by Keller Williams Capital Properties | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
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About Celebrate Virginia
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$1,795 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017