$220,000
●
House -
Off Market
2389 MELROSE RD
ROCKINGHAM, VA 22802
3 Beds
2 Baths
1,728 Ft²
$230,562
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Great views from this hilltop setting. New well drilled last month.
This home offers 3 beds and 2 baths. It features a large master
bedroom with a bath with shower and large soaking tub. Two
additional bedrooms and a bathroom are situated on the other end of
the house. This home has 2 living areas, a large kitchen, and
a separate laundry area. It also has a large back deck and front
porch with gorgeous country views.
Unit Size
1,728 Ft²
Days on Market
36 days
Land Size
1.00 acres
Price per sqft
$129
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1989
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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: 3 years ago (Bright MLS #VARO2000422)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2022 | No longer available | - | |
| No longer available | |||
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | In contract | - | |
| In contract | |||
| Jun 30, 2022 | Listed by Proctor and Company Realty LLC | $223,000 | |
| Listed by Proctor and Company Realty LLC | |||
| | |||
|
Great views from this hilltop setting. New well drilled last month. This home offers 3 beds and 2 baths. It features a large master bedroom with a bath with shower and large soaking tub. Two additional bedrooms and a bathroom are situated on the other end of the house. This home has 2 living areas, a large kitchen, and a separate laundry area. It also has a large back deck and front porch with gorgeous country views. The manager has listed the unit size as 1728 square feet.
| |||
| Apr 28, 2022 | Listed by Proctor and Company Realty, LLC | $223,000 | |
| Listed by Proctor and Company Realty, LLC | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Rockingham
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Listed by: Yvonne Proctor
Proctor and Company Realty, LLC
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VARO2000422
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.
Proctor and Company Realty, LLC
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VARO2000422
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017