$18,500
●
Land -
Off Market
LOT 1955 MAYFLOWER DR
GREENBACKVILLE, VA 23356
Studio
0 Bath
$1,591
Est. Monthly
$1,500
HOA / Fees
-45.41%
Cap Rate
About This Property
Check out this cleared lot that is all ready to be built on! This
lot has a septic permit on file & culvert installed! You will have
one of the largest lots in the Cove with 19,502 sq ft (0.447 acre)
that is adjacent to the farm that is located on Fleming Rd!
Available to property owners are 3 pools, dog park, fitness center,
trails, 24-hour security, playgrounds, tennis court, basketball
court, boat ramp/marina, fishing pier, marina club, golf and more.
There is something for everyone!
Unit Size
-
Days on Market
23 days
Land Size
0.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$3
HOA Dues
$1,500
Year Built
-
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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 (Bright MLS #VAAC2001116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Listed | $20,500 | |
| Listed | |||
| | |||
|
Check out this huge lot that is all ready to be built on! This lot has a septic permit on file & culvert installed! You will have one of the largest lots in the Cove with 19,502 sq ft (0.447 acre) that is adjacent to the farm that is located on Fleming Rd! Available to property owners are 3 pools, dog park, fitness center, trails, 24 hour security, play grounds, tennis court, basketball court, boat ramp/marina, fishing pier, marina club, golf and more.. There is something for everyone!
| |||
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 27, 2024 | Listed by Long & Foster Real Estate, Inc. | $18,500 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 23, 2023 | No longer available | - | |
| No longer available | |||
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About Captains Cove
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Listed by: Meghan Clarkson
Long & Foster Real Estate, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# VAAC2001116
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Long & Foster Real Estate, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# VAAC2001116
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