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12357 PURCELL ROAD
About This Property
Fantastic opportunity to purchase this desire lot location to build your dream home and live in a lovely wooded paradise close to everything surrounded by nature at its finest!
* Highly sought after school district in PWC
* NO HOA
* 2.63 acres of wooded land off Purcell Road
* Stream on property
* Prime location & close to all major commuting routes
* Mid County Prince William located in the Heritage Woods/Fair Hill neighborhood
The land is perc for a 3-bedroom home however, an alternative septic would likely be required and the buildable area seems to be around .5 acre out of the total lot. All of this would need to be approved by the county and further analysis of the land is likely needed. There is a Resource Protected Area on the property as well as streams that have may setbacks for building. Likely the homesite would be closer to the road towards the right corner of the property. Additional testing and permitting is needed to build on this lot and would be the responsibility of the buyer.
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 8, 2026 | Relisted | $160,000 | |
| Relisted | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Keller Williams Realty/Lee Beaver & Assoc. | $160,000 | |
| Listed by Keller Williams Realty/Lee Beaver & Assoc. | |||
| Jun 19, 2025 | Price Decreased |
$160,000
↓ $20K
(11.1%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$180,000
↓ $20K
(10%) | |
| Price Decreased | |||
Property Highlights
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About Heritage Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017