Frederick
222 SILER LANE
$20,000
●
Land -
Off Market
222 SILER LANE
WINCHESTER, VA 22603
Studio
0 Bath
$128
Est. Monthly
About This Property
If you've ever dreamt of being Bob the Builder, an excavator,
camper or much much more... this parcel is for you! Location,
location, location is what Siler Ln is all about. Located right off
522N, this parcel is rife with possibility. Once the home of
a residential building, this parcel is now perc approved for a
septic system and waiting for endless possibilities. After
clearing the brush, the layout of the parcel shows a gentle slope
up to 522, with a nice row of trees to partition from the road.
It's an ample site to build, camp or have fun with a metal
detector! All great possibilities for whatever you can dream
up.
Unit Size
-
Days on Market
-
Land Size
0.90 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
1951
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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: 2 years ago (Bright MLS #VAFV2016538)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by Coldwell Banker Premier | $20,000 | |
| Listed by Coldwell Banker Premier | |||
| | |||
|
If you've ever dreamt of being Bob the Builder, an excavator, camper or much much more... this parcel is for you! Location, location, location is what Siler Ln is all about. Located right off 522N, this parcel is rife with possibility. Once the home of a residential building, this parcel is now perc approved for a septic system and waiting for endless possibilities. After clearing the brush, the layout of the parcel shows a gentle slope up to 522, with a nice row of trees to partition from the road. It's an ample site to build, camp or have fun with a metal detector! All great possibilities for whatever you can dream up.
| |||
| Mar 15, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Frederick
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Listed by: Nicole Panos Lewis
Coldwell Banker Premier
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFV2016538
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Coldwell Banker Premier
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFV2016538
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