$415,000
●
House -
Off Market
29 HOPI WAY
PALMYRA, VA 22963
4 Beds
2 Baths,
1
Half Bath
2,385 Ft²
$3,099
Est. Monthly
$922
HOA / Fees
5.60%
Cap Rate
About This Property
This stunning 4-bedroom, 2.5-bath home in Lake Monticello offers
2,385 finished sq ft and a 2-car garage. The light-filled first
floor boasts gleaming hardwood floors, a dining room, a spacious
living room with a gas fireplace, a convenient half bath, and
laundry. The eat-in kitchen features a center island and a bay
window overlooking a sunny back deck, perfect for enjoying outdoor
meals. Upstairs, the large primary bedroom includes an en-suite
bath, walk-in closet, and vaulted ceilings, while three additional
generously sized bedrooms share a full bathroom. Relax on the
rocking chair front porch or unwind on the back deck, overlooking
the large backyard. The home is ideally situated just outside the
main gate and is only 20 minutes from Pantops. Residents of Lake
Monticello enjoy access to a range of amenities, including a lake,
golf course, tennis courts, playgrounds, and more.,Formica
Counter,Oak Cabinets,Fireplace in Living Room
Unit Size
2,385 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$168
Property Type
House
Property Taxes
$212
HOA Dues
$922
Year Built
2006
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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 (Bright MLS #662033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | Listed | $400,000 | |
| Listed | |||
| | |||
|
This stunning 4-bedroom, 2.5-bath home in Lake Monticello offers 2,385 finished sq ft and a 2-car garage. The light-filled first floor boasts gleaming hardwood floors, a dining room, a spacious living room with a gas fireplace, a convenient half bath, and laundry. The eat-in kitchen features a center island and a bay window overlooking a sunny back deck, perfect for enjoying outdoor meals. Upstairs, the large primary bedroom includes an en-suite bath, walk-in closet, and vaulted ceilings, while three additional generously sized bedrooms share a full bathroom. Relax on the rocking chair front porch or unwind on the back deck, overlooking the large backyard. The home is ideally situated just outside the main gate and is only 20 minutes from Pantops. Residents of Lake Monticello enjoy access to a range of amenities, including a lake, golf course, tennis courts, playgrounds, and more.,Formica Counter,Oak Cabinets,Fireplace in Living Room
| |||
| Jun 15, 2006 | Sold | ||
| Sold | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Monticello
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Listed by: SASHA TRIPP
STORY HOUSE REAL ESTATE
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# 662033
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.
STORY HOUSE REAL ESTATE
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# 662033
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