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Surry 23881
2399 Oak Hill Rd
$526,000
● House - Off Market

2399 Oak Hill Rd

Spring Grove, VA 23881
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
$2,799
Est. Monthly
5.67%
Cap Rate

About This Property

This property is a MUST SEE! This Beautiful 4 bedroom and 2 bath Log Cabin in rural Surry County sits on 12.7 private acres and a pond! Pull down the well maintained driveway through the awesome hardwoods to your new log cabin! This property features a metal roof, a 2 car garage, LOTS of storage space and a beautiful view from all directions! LARGE front porch and a stamped concrete patio out back! Gas fireplace in the Living room and a wood stove in the basement! Full utility room with storage! All appliances convey! New HVAC installed in Sept. 2024. Come check out this well maintained property today!
Unit Size
-
Days on Market
45 days
Land Size
12.70 acres
Price per sqft
-
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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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 (CVRMLS #2506231)

Price History

Date / Event Date Event Price
Apr 28, 2025 Sold
Premium
Sold
Apr 7, 2025 In contract -
In contract
Mar 13, 2025 Listed by Prince George Realty $525,000
Listed by Prince George Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,720
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,437,480
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,080
  • Building Area: 4,080
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000033000
  • Standard Land Use Code: 7000
  • County Land Use Code: 5
  • Legal Description 1: ADJ CA BYRUM S SIDE #

Neighborhood

  • School District Name: Surry County Public Schools
  • Census Tract: 860200

Geography

  • Account Number: R001400
  • District: GUILFORD
  • Parcel: 22-8
  • Municipality: GUILFORD
  • Latitude: 37.1521
  • Longitude: -77.0572

    Address

  • Full Address: 2399 Oak Hill Rd
  • Address - House Number: 2399
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Spring Grove
  • Carrier Code: R092
  • 4-Digit Zip Code: 8321
  • Zip Code: 23881

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,955

    Market Valuation

  • Market Total Value: $660,500
  • Market Land Value: $111,800
  • Market Improvement Value: $548,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660,500
  • Assessed Land Value: $111,800
  • Assessed Improvements Value: $548,700
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 Surry

Stats & Trends

Median Asking:

$258,500

Sale Price/ft²

$190

Above Asking

0.01%

Average Days on Market

64

Average Home Size

1728 ft²

Average Home Age

15.8 years

Currently For Sale

4 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

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CVR

Listed by: Josh Chappell, Prince George Realty
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2506231
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 2399 Oak Hill Road built and last sold?
The property at 2399 Oak Hill Road was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2399 Oak Hill Road is $530,250.
What are some comparable homes to 2399 Oak Hill Road?
There are currently no comparable homes to 2399 Oak Hill Road.
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