Albemarle
1279 SIMMONS GAP RD
$535,000
●
House -
Off Market
1279 SIMMONS GAP RD
DYKE, VA 22935
4 Beds
4 Baths,
1
Half Bath
1,512 Ft²
$553,256
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
This beautiful newly constructed 4-bedroom, 3.5-bathroom home
welcomes you with an open and natural light-filled floor plan.
Gorgeous eat-in kitchen with an island, stainless steel appliances,
granite countertops, breakfast bar, custom cabinetry and under
cabinet lighting. Enjoy breakfast in the sun on the large deck off
the dining area or cozy up by the fireplace in the living room on a
cold winter evening. Main level includes a large master bedroom
with walk-in closet, ensuite bathroom with double vanities,
stand-up shower, and a soaking tub. Two additional bedrooms with
plenty of storage and a full bathroom. A fully finished walkout
basement level offers ample space for relaxation and entertainment.
It features an extra bedroom, full bath, half bath, rec room,
spacious laundry room and two bonus rooms that could be used as an
exercise room or an office space. All furniture in the basement
included with contract, a $9,000 value from Grand Home Furnishings!
An outdoor shed offers additional storage for tools and lawn care
equipment!,Fireplace in Living Room
Unit Size
1,512 Ft²
Days on Market
-
Land Size
3.01 acres
Price per sqft
$363
Property Type
House
Property Taxes
$66
HOA Dues
-
Year Built
-
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Cap Rate
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: 4 years ago (Bright MLS #636953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | In contract | - | |
| In contract | |||
| Mar 30, 2023 | Price Decreased |
$549,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 1, 2022 | Listed by JAMIE WHITE REAL ESTATE | $569,000 | |
| Listed by JAMIE WHITE REAL ESTATE | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Albemarle
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Listed by: JAMIE WHITE
JAMIE WHITE REAL ESTATE
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 636953
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
JAMIE WHITE REAL ESTATE
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 636953
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