$1,710,000
●
House -
Off Market
116 FORMBY
WILLIAMSBURG, VA 23188
4 Beds
4 Baths,
1
Half Bath
4,848 Ft²
$9,621
Est. Monthly
$195
HOA / Fees
1.18%
Cap Rate
About This Property
Welcome to your new custom dream home on the 5th hole of the famed
Blue Heron course in Ford's Colony, Williamsburg's premier gated
golf community. This stunning white modern farmhouse features
soaring 10' ceilings, a chef's kitchen with stainless steel Wolf
range, dual ovens & dishwashers, and extra wide built-in
refrigeration columns. Entertain with ease in the Keeping Room with
custom bar, Sonos sound system, and a screened Trex porch with
stone fireplace. The spa-like primary suite boasts dual vanities,
soaking tub, and a huge luxury tiled shower. Every bedroom offers
an en-suite bath and huge closet. Custom trim throughout, two
laundry rooms, mudroom with cubbies off spacious garage, and luxury
finishes throughout make this home as functional as it is
breathtaking.
Unit Size
4,848 Ft²
Days on Market
38 days
Land Size
0.54 acres
Price per sqft
$366
Property Type
House
Property Taxes
$710
HOA Dues
$195
Year Built
2023
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: 2 years ago (Bright MLS #VAJC2000452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Berkshire Hathaway HomeServices Towne Realty | $1,775,000 | |
| Listed by Berkshire Hathaway HomeServices Towne Realty | |||
| Dec 27, 2021 | Sold | ||
| Sold | |||
| May 25, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
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 James City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Olyvia K Salyer
Berkshire Hathaway HomeServices Towne Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAJC2000452
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.
Berkshire Hathaway HomeServices Towne Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAJC2000452
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017