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Lancaster
2301 White Chapel Road
$185,000
● House - Off Market

2301 White Chapel Road

Lancaster, VA 22503
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$946
Est. Monthly
13.81%
Cap Rate

About This Property

Charming ranch-style home in the heart of rural Lancaster! This 3-bedroom, 1.5-bath property offers 1,200 square feet of comfortable living space and sits on a well-maintained and fully cleared 0.818-acre lot. Enjoy peaceful country living from the covered front porch in a quiet, safe neighborhood. Plenty of outdoor space for gardening, pets, or future additions-all in a scenic and serene setting.
Unit Size
1,200 Ft²
Days on Market
44 days
Land Size
0.82 acres
Price per sqft
$146
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (CVRMLS #2516270)

Price History

Date / Event Date Event Price
Jul 24, 2025 Sold
Premium
Sold
Jun 25, 2025 In contract -
In contract
Jun 8, 2025 Listed by Innovation Properties, LLC $175,000
Listed by Innovation Properties, LLC
Feb 18, 2010 Sold
Premium
Sold
Apr 16, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,632
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000818
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: BELLWOOD .818 AC LOT 7 LR08/1068 LR10/341

Neighborhood

  • School District Name: Lancaster County Public Schools
  • Census Tract: 030100

Zoning

  • Zoning: R3

Geography

  • Account Number: 1726
  • Parcel: 14D 1 7
  • Lot: 7
  • Municipality: WHITE CHAPEL
  • Latitude: 37.7816
  • Longitude: -76.5064

    Address

  • Full Address: 2301 White Chapel Rd
  • Address - House Number: 2301
  • Address - Street Name: White Chapel
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lancaster
  • Carrier Code: R004
  • 4-Digit Zip Code: 2724
  • Zip Code: 22503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $74,340

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 200,135
  • High Value: 246,893
  • Low Value: 153,377

    Market Valuation

  • Market Total Value: $118,000
  • Market Land Value: $12,000
  • Market Improvement Value: $106,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $106,000

    Sales

  • Current Sale Recording Date: Feb 18, 2010
  • Current Sale Document Type: 55
  • Previous Sale Recording Date: Apr 16, 2008
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lancaster

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$239

Below Asking

0.04%

Average Days on Market

83

Average Home Size

2728 ft²

Average Home Age

43.6 years

Currently For Sale

62 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CVR

Listed by: Devin Moore, Innovation Properties, LLC
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2516270
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 2301 White Chapel Road built and last sold?
The property at 2301 White Chapel Road was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2301 White Chapel Road is $0.
What are some comparable homes to 2301 White Chapel Road?
There are currently no comparable homes to 2301 White Chapel Road.
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