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King William 23009
240 Parkwood Drive
$178,000
● House - Off Market

240 Parkwood Drive

Aylett, VA 23009
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$377,892
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

A great ranch style plan with a partial basement for additional living area.  This brick front ranch has an open and unique layout with a dining room and family room open to a great eat in kitchen with breakfast bar.  Three generous bedrooms - the master with a luxury bath and huge walk in closet on the 1st level.  Large rec room or 2nd family room in the basement and a 2+ car attached garage on over an acre in the desired Parkwood neighborhood located just off of Rt 600 & Rt 360. Great square footage for the $$..This home qualifies for USDA Financing so you can purchase with 0 money down if you meet qualifying standards.
Unit Size
1,996 Ft²
Days on Market
174 days
Land Size
1.09 acres
Price per sqft
$88
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
2006

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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: 12 months ago (CVRMLS #1214851)

Price History

Date / Event Date Event Price
Nov 27, 2012 Sold
Premium
Sold
Jun 7, 2012 Listed by Resource Realty Services $175,000
Listed by Resource Realty Services
May 15, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 7
  • Basement Area: 1,618
  • Garage Type: 7
  • Garage Square Area: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • Standard Land Use Code: 1008
  • County Land Use Code: 20
  • Legal Description 1: PARKWOOD ESTATES II LOT 37

Neighborhood

  • School District Name: King William County Public Schools
  • School Tax School District: ACQUINTON
  • Census Tract: 950102

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9679-1
  • District: 2
  • Parcel: 21 10 37
  • Lot: 37
  • Municipality: ACQUINTON
  • Latitude: 37.7851
  • Longitude: -77.1316

    Address

  • Full Address: 240 Parkwood Dr
  • Address - House Number: 240
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Aylett
  • Carrier Code: R004
  • 4-Digit Zip Code: 2956
  • Zip Code: 23009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $147,378

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 344,881
  • High Value: 410,072
  • Low Value: 279,691

    Market Valuation

  • Market Total Value: $254,100
  • Market Land Value: $40,400
  • Market Improvement Value: $213,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,100
  • Assessed Land Value: $40,400
  • Assessed Improvements Value: $213,700

    Sales

  • Current Sale Recording Date: Nov 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 15, 2009
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 68

    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 King William

Stats & Trends

Median Asking:

$359,500

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2045 ft²

Average Home Age

19.2 years

Currently For Sale

40 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: Kathy Holland, Resource Realty Services
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1214851
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 240 Parkwood Drive built and last sold?
The property at 240 Parkwood Drive was built in 2006 and last sold on Jan 1, 1970 for $178,000.
How much is this home worth?
The estimated value of the home located at 240 Parkwood Drive is $192,415.
What are some comparable homes to 240 Parkwood Drive?
There are currently no comparable homes to 240 Parkwood Drive.
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