$499,900
●
House -
Off Market
124 DOWNHILL CIRCLE
CROSS JUNCTION, VA 22625
3 Beds
2 Baths
1,989 Ft²
$2,753
Est. Monthly
$150
HOA / Fees
4.06%
Cap Rate
About This Property
Lake Holiday Rancher with Seasonal Lake Views & Modern Updates
Enjoy relaxed lake living in this charming 3-bedroom, 2-bath rancher in the private, gated community of Lake Holiday, centered around a beautiful 240-acre lake. The open floor plan features a spacious living area, a gas fireplace, and a screened back deck with seasonal lake views-perfect for entertaining or relaxing.
The primary suite includes a walk-in closet and en-suite bath with a jetted tub and separate shower. A full, partially finished walkout basement offers a rough-in for a future bath, plenty of storage, or potential for more finished space.
Recent updates include:
New Roof (2025), New Main-Level Windows (2024), New Propane HVAC (2023), New Gas Fireplace, Walkway & Railings
Lake Holiday amenities include:
Boating, swimming & fishing on a 240-acre lake ,2 sandy beaches & a 91-slip marina, Clubhouse with fitness center & event space, Tennis, basketball, volleyball courts & hiking trails, Playgrounds, picnic areas & year-round community events
A wonderful full-time home or weekend escape-schedule your tour today!
Enjoy relaxed lake living in this charming 3-bedroom, 2-bath rancher in the private, gated community of Lake Holiday, centered around a beautiful 240-acre lake. The open floor plan features a spacious living area, a gas fireplace, and a screened back deck with seasonal lake views-perfect for entertaining or relaxing.
The primary suite includes a walk-in closet and en-suite bath with a jetted tub and separate shower. A full, partially finished walkout basement offers a rough-in for a future bath, plenty of storage, or potential for more finished space.
Recent updates include:
New Roof (2025), New Main-Level Windows (2024), New Propane HVAC (2023), New Gas Fireplace, Walkway & Railings
Lake Holiday amenities include:
Boating, swimming & fishing on a 240-acre lake ,2 sandy beaches & a 91-slip marina, Clubhouse with fitness center & event space, Tennis, basketball, volleyball courts & hiking trails, Playgrounds, picnic areas & year-round community events
A wonderful full-time home or weekend escape-schedule your tour today!
Unit Size
1,989 Ft²
Days on Market
43 days
Land Size
0.26 acres
Price per sqft
$251
Property Type
House
Property Taxes
$148
HOA Dues
$150
Year Built
2005
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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 #VAFV2033872)
Price History
Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake Holiday
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Listed by: Traci J. Shoberg
RE/MAX Roots
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFV2033872
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RE/MAX Roots
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# VAFV2033872
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