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Richmond 23222 Highland Park Southern Tip
1718 3rd Avenue
$110,000
● House - Off Market

1718 3rd Avenue

Richmond, VA 23222
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,642 Ft²
$196,614
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

2 story home with 3 bedrooms, 2.5 baths. Offers vinyl siding, deck, wood floors & heat pump.
Unit Size
1,642 Ft²
Days on Market
190 days
Land Size
0.09 acres
Price per sqft
$60
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
2008

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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: 12 months ago (CVRMLS #1227124)

Price History

Date / Event Date Event Price
Aug 14, 2023 Sold
Premium
Sold
Jul 2, 2023 Listed by Neumann & Dunn Real Estate $305,000
Listed by Neumann & Dunn Real Estate
Jun 12, 2017 Sold
Premium
Sold
May 17, 2013 Sold
Premium
Sold
Nov 5, 2012 Listed by Neumann & Dunn Real Estate $99,000
Listed by Neumann & Dunn Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,373
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTNUT HILL
  • Land Acres: 0000000077
  • Standard Land Use Code: 1001
  • County Land Use Code: 120
  • Legal Description 1: CHESTNUT HILL PTB7 0035.00X0110.00 IRG0000.000

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 010900

Zoning

  • Zoning: R-6 SINGLE

Geography

  • District: 604
  • Parcel: N-000-0418-002
  • Municipality: GATEWAY
  • Latitude: 37.5584
  • Longitude: -77.426

    Address

  • Full Address: 1718 3rd Ave
  • Address - House Number: 1718
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Richmond
  • Carrier Code: C011
  • 4-Digit Zip Code: 5106
  • Zip Code: 23222

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $261,600

    Appraisal Valuation

  • Standard Deviation: 0.0987
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 90
  • Final Value: 310,039
  • High Value: 340,650
  • Low Value: 279,427

    Market Valuation

  • Market Total Value: $218,000
  • Market Land Value: $50,000
  • Market Improvement Value: $168,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 12240
  • Previous Sale Recording Date: Jun 12, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: 71
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 Northside

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1821 ft²

Average Home Age

54.7 years

Currently For Sale

54 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 230 N 6th Street, Richmond, VA, 23219

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 688 ft²
230 N 6th Street #U325, Richmond, VA, 23219 Listing by Vera Barber
Unit for rent at 3324 Meadowbridge Road, Richmond, VA, 23222

$2,299 /mo

  • 4 Beds
  • 2 Baths
  • 1,667 ft²
3324 Meadowbridge Road, Richmond, VA, 23222 Listing by Kevin Dowell

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Kevin Allocca, Neumann & Dunn Real Estate
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1227124
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 1718 3rd Avenue built and last sold?
The property at 1718 3rd Avenue was built in 2008 and last sold on Aug 1, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 1718 3rd Avenue is $308,050.
What are some comparable homes to 1718 3rd Avenue?
There are currently no comparable homes to 1718 3rd Avenue.
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