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Lancaster 22576
25 Tom Morris Drive
$279,900
● House - Off Market

25 Tom Morris Drive

Weems, VA 22576
bedrooms
3 Beds
bathrooms
2 Baths
$278,859
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

New Construction 1600 SF home with two car attached garage. Open concept with covered front porch and deck off the back. LVL Flooring throughout with granite and Stainless steel appliance package. Cathedral ceilings and tray ceilings give this home a special touch.
Unit Size
-
Days on Market
182 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$13
HOA Dues
-
Year Built
-

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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: 3 years ago (CVRMLS #2308061)

Price History

Date / Event Date Event Price
Oct 3, 2023 Sold
Premium
Sold
Apr 7, 2023 Listed by Continental Real Estate Group $279,900
Listed by Continental Real Estate Group
Feb 11, 2023 No longer available -
No longer available
Dec 16, 2022 In contract -
In contract
Sep 29, 2022 Listed by Continental Real Estate Group $310,000
Listed by Continental Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,224
  • Total Building Area: 1,501
  • Building Area: 1,501
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,501
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000717
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: THE HIGHLANDS .7168 AC LR22/2827+P LR21/1174 LR01/1202-P

Neighborhood

  • School District Name: Lancaster County Public Schools
  • Census Tract: 030302

Zoning

  • Zoning: R1

Geography

  • Account Number: 8106
  • Parcel: 27B 4 4A
  • Municipality: WHITE STONE
  • Latitude: 37.6758
  • Longitude: -76.4411

    Address

  • Full Address: 25 Tom Morris Dr
  • Address - House Number: 25
  • Address - Street Name: Tom Morris
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Weems
  • Carrier Code: R002
  • 4-Digit Zip Code: 2545
  • Zip Code: 22576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,437

    Appraisal Valuation

  • Standard Deviation: 0.2547
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 157,001
  • High Value: 197,004
  • Low Value: 116,997

    Market Valuation

  • Market Total Value: $249,900
  • Market Land Value: $45,000
  • Market Improvement Value: $204,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,900
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1708
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: Derek Eisenberg, Continental Real Estate Group
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2308061
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 25 Tom Morris Drive built and last sold?
The property at 25 Tom Morris Drive was built in and last sold on Sep 20, 2023 for $279,900.
How much is this home worth?
The estimated value of the home located at 25 Tom Morris Drive is $0.
What are some comparable homes to 25 Tom Morris Drive?
There are currently no comparable homes to 25 Tom Morris Drive.
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