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King and Queen 23177
147 Walkerton Mill Drive
$306,000
● House - Off Market

147 Walkerton Mill Drive

Walkerton, VA 23177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,111 Ft²
$1,571
Est. Monthly
8.76%
Cap Rate

About This Property

WATERFRONT PROPERTY!! Nestled on the picturesque shores of Walkerton Mill Pond, this stunning 3-bedroom, 2-bath home offers modern comfort and natural beauty. The bright, airy open floor plan connects the living, dining, and kitchen areas, creating an ideal space for gatherings. Step into your new kitchen with granite countertops and newer stainless-steel appliances. The spacious primary suite includes an en-suite bathroom, with two additional bedrooms perfect for family, guests, or a home office. Enjoy some fresh air on the beautiful back deck, perfect for morning coffee or a sunset dinner. Whether you're seeking a full-time residence or a weekend getaway, this gem offers an idyllic lifestyle. Don't miss your chance to make it yours-schedule your private tour today!
Unit Size
1,111 Ft²
Days on Market
32 days
Land Size
1.00 acres
Price per sqft
$275
Property Type
House
Property Taxes
$73
HOA Dues
-
Year Built
2022

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Cap Rate Calculator

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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: 2 years ago (CVRMLS #2509735)

Price History

Date / Event Date Event Price
Jun 9, 2025 Sold
Premium
Sold
May 9, 2025 In contract -
In contract
May 8, 2025 Listed by Real Broker LLC $305,000
Listed by Real Broker LLC

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YE OLDE MILL ESTATES
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • Legal Description 1: YE OLDE MILL ESTATES LOT 16

Neighborhood

  • School District Name: King and Queen County Public Schools
  • Census Tract: 950400

Zoning

  • Zoning: AGRICULTUR

Geography

  • Account Number: 2835
  • District: 01
  • Parcel: 32 52X 67-16
  • Lot: 16
  • Latitude: 37.735
  • Longitude: -77.0283

    Address

  • Full Address: 147 Walkerton Mill Dr
  • Address - House Number: 147
  • Address - Street Name: Walkerton Mill
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Walkerton
  • Carrier Code: R081
  • 4-Digit Zip Code: 2088
  • Zip Code: 23177

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,888
  • Tax Rate Code Area: NEWTOWN

    Market Valuation

  • Market Total Value: $183,100
  • Market Land Value: $20,000
  • Market Improvement Value: $163,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,100
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $163,100
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 King and Queen

Stats & Trends

Median Asking:

$282,200

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2496 ft²

Average Home Age

69.3 years

Currently For Sale

16 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

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CVR

Listed by: Corrine Hilton, Real Broker LLC
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2509735
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 147 Walkerton Mill Drive built and last sold?
The property at 147 Walkerton Mill Drive was built in 2022 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 147 Walkerton Mill Drive is $0.
What are some comparable homes to 147 Walkerton Mill Drive?
There are currently no comparable homes to 147 Walkerton Mill Drive.
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