$449,900
↓ $30K (6.3%)
●
House -
For Sale
2242 SHELBY ROAD
MADISON, VA 22727
3 Beds
2 Baths
1,288 Ft²
$2,351
Est. Monthly
About This Property
Huge Price Reduction!!! Lovely Rancher with full finished basement.
Nice size kitchen, Fireplace in the living room, Separate Dining
rm, 2 bedrooms on the main level, 1 bedroom in the basement, 2 full
baths, freshly painted upstairs interior. Roof replaced 4 years
ago, Washer and Dryer fairly new conveys, HVAC replaced in 2025,
Dbl Pane Tilt Windows, 3 Acres fully fenced with extensive
landscaping. Walk-in gun safe in the basement. Attached
Sunroom/Greenhouse, 30x40 Metal Shop/Garage with Oil Furnace,
Central AC, Shelving, MacTool Lift-buyer can purchase, 20x20
Carport attached to the garage, lots of interior lighting, Lift
door is 10x10, side door. Shed with lean too in the back yard,
clothes line.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$349
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1974
Listed By
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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: 24 days ago (Bright MLS #VAMA2002912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$449,900
↓ $30K
(6.3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Price Decreased |
$479,900
↓ $20K
(4%) | |
| Price Decreased | |||
| Aug 29, 2026 | Listed by Samson Properties | $499,900 | |
| Listed by Samson Properties | |||
| May 30, 2013 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached Carport, Detached, Garage, Crushed Stone, Fenced
Garage Spaces: 4
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Kitchen - Table Space, Dining Area
Appliances: Dryer, Refrigerator, Washer, Stove
Flooring Type: Wood, Luxury Vinyl Plank
Has Fireplace
Fireplace Features: Stone, Screen
Fireplaces: 1
Basement: Full, Partially Finished, Outside Entrance, Rear Entrance
Exterior Details
Square Footage: 1288
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Ranch/Rambler
Year Built Source: Estimated
Year Built: 1975
Levels: 2
Other Structures: Above Grade
Window Features: Double Hung
Construction Materials: Stone
Patio and Porch Features: Porch, Breezeway
Lot Features: Front Yard, Backs to Trees, Landscaping, Open, Rear Yard, Rural, SideYard(s), Road Frontage
Lot Size Area: 130724
Lot Size Units: Square Feet
Lot Size Acres: 3
Lot Size Square Feet: 130724
Tax Lot: 42C
Water Source: Well
Financial Details
Tax Assessed Value: $333,800
Tax Annual Amount: $1,702
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Wood Burn Stove
Sewer : Septic Exists
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 Madison
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Listed by: Bonnie S Coffey
Samson Properties
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# VAMA2002912
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.
Samson Properties
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# VAMA2002912
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017