17591 SAINT THOMAS ROAD
About This Property
One of the property's standout features is the enormous detached garage/workshop, offering a spacious interior, overhead garage door, and an extended covered carport area. Whether you need room for vehicles, equipment, recreational toys, or a workshop, this impressive building offers exceptional versatility. Multiple outbuildings provide even more storage and functionality, while the surrounding grounds offer ample space for gardening, recreation, or simply enjoying the outdoors.
The original farmhouse is also located on the property and is currently being used for storage. Conveniently situated near Parksley and the amenities of Virginia's Eastern Shore, this property offers a wonderful combination of updated living space, generous acreage, and the flexibility to make the most of country living.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Listed by Long & Foster Real Estate, Inc. | $499,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017