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Chesterfield
12507 Needle Rush Way
$355,000
● House - Off Market

12507 Needle Rush Way

Midlothian, VA 23114
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,410 Ft²
$1,973
Est. Monthly
$76
HOA / Fees
7.58%
Cap Rate

About This Property

Tucked away on a peaceful cul-de-sac with tranquil water views, this inviting home is full of natural light, character, and thoughtful updates. The vaulted living room welcomes you with a stunning wall of windows and a cozy fireplace. The updated kitchen features stainless steel appliances, butcher block countertops, subway tile backsplash, and a sunny eat in dining nook with a bay window. The private primary suite offers a beautifully renovated bathroom and a large walk in closet. Outside, enjoy a brand-new deck (2024), fully fenced backyard (2024),  an attached shed and additional dethatched shed (2021). With three comfortable bedrooms, updated baths, and curb appeal galore, this home is a true retreat inside and out. Schedule your showing today!
Unit Size
1,410 Ft²
Days on Market
53 days
Land Size
0.14 acres
Price per sqft
$241
Property Type
House
Property Taxes
$227
HOA Dues
$76
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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 (CVRMLS #2512747)

Price History

Date / Event Date Event Price
Jul 1, 2025 Sold
Premium
Sold
May 10, 2025 In contract -
In contract
May 9, 2025 Listed by Long & Foster REALTORS $339,950
Listed by Long & Foster REALTORS
Dec 22, 2020 Sold
Premium
Sold
Jun 30, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 4

    Dimensions

  • Lot Size Square Feet: 6,229
  • Total Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SACHEMS HEAD
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: SD
  • Legal Description 1: SACHEM'S HEAD L 3 BK I PH 3

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100929

Zoning

  • Zoning: R7 - SINGL

Geography

  • Assessors Map Reference: MB 59 PG 36
  • Account Number: 420271001
  • District: 02
  • Section: 57
  • Subdivision Phase Number: 3
  • Parcel: 734-69-40-57-700-000
  • Block: I
  • Lot: 3
  • Municipality: CLOVER HILL
  • Latitude: 37.4671
  • Longitude: -77.6346

    Address

  • Full Address: 12507 Needle Rush Way
  • Address - House Number: 12507
  • Address - Street Name: Needle Rush
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R046
  • 4-Digit Zip Code: 3156
  • Zip Code: 23114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $264,762

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 80
  • Final Value: 316,373
  • High Value: 366,879
  • Low Value: 265,867

    Market Valuation

  • Market Total Value: $288,200
  • Market Land Value: $62,000
  • Market Improvement Value: $226,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,200
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $226,200

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020071668
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $101,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chesterfield

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2464 ft²

Average Home Age

19.4 years

Currently For Sale

621 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 13262 Garland Lane, Chesterfield, VA, 23114

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,573 ft²
13262 Garland Lane, Chesterfield, VA, 23114 Listing by Hemant Naphade
Unit for rent at 202 Brattice Dr, Midlothian, VA, 23114

$2,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,573 ft²
202 Brattice Dr, Midlothian, VA, 23114 Listing by Nag Venkata
Unit for rent at 13121 Brattice Loop, Midlothian, VA, 23114

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,573 ft²
13121 Brattice Loop, Midlothian, VA, 23114 Listing by Sridhar Maramreddy

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Alex Glaser, Long & Foster REALTORS
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2512747
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 12507 Needle Rush Way built and last sold?
The property at 12507 Needle Rush Way was built in 1988 and last sold on Dec 1, 2020 for $223,100.
How much is this home worth?
The estimated value of the home located at 12507 Needle Rush Way is $342,444.
What are some comparable homes to 12507 Needle Rush Way?
There are currently no comparable homes to 12507 Needle Rush Way.
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