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New Kent
16201 Cooks Mill Road
$315,000
● House - Off Market

16201 Cooks Mill Road

Lanexa, VA 23089
bedrooms
3 Beds
bathrooms
2 Baths
$1,659
Est. Monthly
8.36%
Cap Rate

About This Property

First time buyer or looking to downsize?  Welcome home to country living at its best!  Conveniently situated between Richmond and Williamsburg, only 10 minutes from Route 64 access, this home is move in ready on a private lot with many updates since 2018 - Generac 22W whole house generator (under warranty which transfers with home sale)  new main bathroom, new gutters, new paved driveway, new shed, updated kitchen with new range/oven and dishwasher.  Most furnishings, all appliances and Husqvarna rider lawn tractor convey.
Unit Size
-
Days on Market
69 days
Land Size
2.04 acres
Price per sqft
-
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1977

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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: 3 years ago (CVRMLS #2407657)

Price History

Date / Event Date Event Price
Jun 5, 2024 Sold
Premium
Sold
May 10, 2024 In contract -
In contract
May 6, 2024 Price Decreased $309,995
↓ $15K (4.6%)
Price Decreased
Mar 28, 2024 Listed by USRealty.com $325,000
Listed by USRealty.com
Mar 29, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • 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: 88,862
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,084
  • Gross Building Area: 2,564
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002040
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADJ SAUNDERS DB 339/784 PLAT 2.04 AC DB 436/303

Neighborhood

  • School District Name: New Kent County Public Schools
  • School Tax School District: WEIR CREEK
  • Census Tract: 700302

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 26
  • Account Number: 6214
  • Parcel: 26 25P
  • Lot: 25
  • Latitude: 37.5163
  • Longitude: -76.8883

    Address

  • Full Address: 16201 Cooks Mill Rd
  • Legal Unit: P
  • Address - House Number: 16201
  • Address - Street Name: Cooks Mill
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lanexa
  • Carrier Code: R001
  • 4-Digit Zip Code: 5116
  • Zip Code: 23089

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $163,882

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 311,172
  • High Value: 358,015
  • Low Value: 264,328

    Market Valuation

  • Market Total Value: $244,600
  • Market Land Value: $77,000
  • Market Improvement Value: $167,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,600
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $167,600

    Sales

  • Current Sale Contract Date: Mar 14, 2018
  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 180000922
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Amount: $185,000
  • 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 New Kent

Stats & Trends

Median Asking:

$469,975

Sale Price/ft²

$231

Above Asking

0.00%

Average Days on Market

49

Average Home Size

2685 ft²

Average Home Age

8.4 years

Currently For Sale

118 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

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: David Sweeney, USRealty.com
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2407657
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 16201 Cooks Mill Road built and last sold?
The property at 16201 Cooks Mill Road was built in 1977 and last sold on Mar 14, 2018 for $195,000.
How much is this home worth?
The estimated value of the home located at 16201 Cooks Mill Road is $0.
What are some comparable homes to 16201 Cooks Mill Road?
There are currently no comparable homes to 16201 Cooks Mill Road.
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