$27,000
●
House -
Off Market
2512 ORR STREET
BIG STONE GAP, VA 24219
4 Beds
1 Bath
1,224 Ft²
$171
Est. Monthly
106.32%
Cap Rate
About This Property
Fixer-Upper Opportunity in Big Stone Gap! Located at 2512 Orr
Street, this 4-bedroom, 1-bath home offers 1,224 sq ft of space on
a generous 0.41-acre lot. The property is being sold in "AS IS"
condition. It is in need of significant repairs and updates -
perfect for investors or buyers looking to renovate and add value.
With a functional layout and great lot size, this is a solid
opportunity to bring new life to a well-located home in Wise
County. *** Property sold "As-is". Buyer and/or buyer's agent
responsible for verifying all pertinent information deemed relevant
by the prospective buyer, including but not limited to square
footage, acreage, utilities, taxes, zoning, permitting, condition,
school zones, HOAs, etc. *** See document section for required LOI
and Drug Contamination Acknowledgement, Release, and
Indemnification contamination. BOTH required forms must be
completed and submitted with ALL OFFERS. ***
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$24
Property Type
House
Property Taxes
$29
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: 9 months ago (Bright MLS #VAWS2000012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Dec 15, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$28,800
↓ $5K
(15.8%) | |
| Price Decreased | |||
| Oct 27, 2025 | Price Decreased |
$34,200
↓ $2K
(5%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$36,000
↓ $6K
(14.3%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Wise
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Listed by: Joseph S Cleveland
RE/MAX Supercenter
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# VAWS2000012
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.
RE/MAX Supercenter
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# VAWS2000012
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