$600,000
●
House -
Off Market
1889 POND RD
BUCKINGHAM, VA 23921
5 Beds
4 Baths
3,080 Ft²
$3,140
Est. Monthly
7.23%
Cap Rate
About This Property
STUNNING NEW CONSTRUCTION 5 BR/4 BA HOME ON OVER 21 ACRES IN
BUCKINGHAM COUNTY WITH LOAN ASSUMPTION OPTION AT 5.375%. Built by
Mitchell Homes in 2023, this residence boasts 2 Primary Suites on
the main level. The kitchen features a gas stove, copper sink,
double ovens, & granite countertops. The living room showcases a
wood-burning stone fireplace. This secluded gem offers the
opportunity to Work From Home w/ Firefly Fiber Internet & a
spacious upstairs office. The unfinished basement offers room to
expand with a bathroom rough-in, & the option for 9ft ceilings. The
property is currently being used as a farmette with a spring-fed
creek running through the back of the property perfect for future
pasture land & equestrian space. There is an assumable VA loan at
5.375% interest rate!,Granite Counter,Wood Cabinets,Fireplace in
Living Room
Unit Size
3,080 Ft²
Days on Market
310 days
Land Size
21.16 acres
Price per sqft
$195
Property Type
House
Property Taxes
$194
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: 7 months ago (Bright MLS #656835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Increased |
$599,900
↑ $40K
(7.1%) | |
| Price Increased | |||
| Dec 19, 2025 | Price Decreased |
$559,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Dec 12, 2025 | Price Decreased |
$564,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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About Buckingham
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Listed by: ASHLEY PALMER
TOWN REALTY
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 656835
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.
TOWN REALTY
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 656835
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