12330 CHASTAIN
About This Property
Residence
Built in the 1980s by accomplished woodworker, the house sits nestled amongst gardens and barn and two small outbuildings. The simple structure is solidly built and features a soaring two story post and beam living room. French doors lead to a patio with views. The back porch also has excellent views. The house has an efficiently engineered metal roof and cedar shake siding for low maintenance.
Lawns around the house are planted with specimen trees. Spring bulbs (primarily daffodils) are underplanted along the house and at various focal points nearby. There is a fenced kitchen garden with small garden shed with greenhouse attachment for potting and tool storage. Specimen trees and shrubs surround the garden areas.
Open fields below the house afford 180 degree views of the Blue Ridge mountains from the Cobbler Mountains to the north to Mary's Rock to the south. There are outstanding and very private pastoral and mountain views in every direction. Approximately 10 acres of open fields (no fencing) dotted with dogwoods lead down to woodlands that cascade down to the river. Trails cut through the woods down to the river and to various granite cliffs above the river. River frontage on the Rappahannock is nearly a mile in length. The river frontage is an intensely private mix of swimming holes, granite cliffs, and gentle sandy bottomed river. The river provides excellent fishing and is stocked by VA Fish and Wildlife. Woodlands are a mix of tulip poplars (predominating), oak, hickory, virginia pine, dogwoods and redbuds. A finer mix of views, river and privacy cannot be found anywhere else.
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by Washington Fine Properties, LLC | $1,395,000 | |
| Listed by Washington Fine Properties, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017