123 EDGEMONT CIR
About This Property
Lake of the Woods is a gated community with a haven of amenities offering an unparalleled lifestyle for its residents and guests. Located minutes from WalMart, Food Lion, CVS, dining and more. Located approx. 15 miles west of Fredericksburg, east of Culpeper, and 65 miles from DC that offers a wealth of amenities for both land and lake lovers. The "Lake Life" offers watersports such as waterskiing, wakeboarding, tubing, wake surfing, and hydrofoiling. The "lake life" also boasts fishing, kayaking, sailing, paddle boarding, or simply floating and relaxing. We also have ample things for the land lover. Pickelball, tennis, volleyball, baseball, soft ball, soccer, equestrian center, walking trails, and more, just to name a few. Surrounded by Civil War battlefields and other historic sites. LOW is located 15 miles west of Fredericksburg and 18 miles east of Culpeper. Lake of the Woods covers approx 2600 acres with 4260 lots and 2 lakes in a gated community with 24 hour security, a Fire and Rescue squad, a waterfront clubhouse with bar and dining areas, 2 pools, 5 park/playground areas , 8 beaches, a wedding venue, golf course clubhouse at our 18 hole PGA golf course, community center, walking trails, picnic and common areas, and so so so much more! Come see for yourself why so many people Live, Love, LOW!(LOW = Lake of the Woods) NOTE: YOU MUST BE WITH A REALTOR IN ORDER TO GAIN ACCESS TO THIS GATED COMMUNITY UNLESS YOU ARE COMING TO AN OPEN HOUSE.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by NEXTHOME BLUE HERON REALTY GROUP | $225,000 | |
| Listed by NEXTHOME BLUE HERON REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017