2016 RIVERMONT DRIVE
About This Property
This single-family home is a hidden gem nestled on 2.1 private wooded acres with no HOA. Newly renovated, with top of the line new cabinets and fixtures in kitchen and all bathrooms, new appliances, new AC, freshly painted throughout. With 2,091 square feet of living space, this home features 3 bedrooms and 2.5 bathrooms. Full floored attic for additional inside storage space. Outside, you'll find a large wrap-around decking and a lower-level patio, perfect for entertaining guests or simply enjoying nature. Apart from the charm of the property itself, its location is truly unbeatable. Just minutes away, you'll find the town center, offering many shopping and entertainment options. Short distance to the Shenandoah River, Skyline Drive and Andy Guest Park perfect for nature lovers. Minutes to I-66 for commuters and high-speed internet is available for those who work from home.
You don't want to miss this one!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Relisted | $489,900 | |
| Relisted | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | Price Decreased |
$489,900
↓ $5K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017