2969 BIBB STORE ROAD
About This Property
There are so many places to sit outside and enjoy the beauty surrounding you. Pull up a chair anywhere on the full wraparound porch, which also connects to the detached garage. Enjoy the back deck overlooking the fields and forrest. Rest on the side porch overlooking the orchard. Take in the beauty of the fields from the front porch.
The house is handicap accessible, with a ramp leading into the home and a handicap modified primary bathroom. There is also a whole-house generator for added assurance when there is a power outage. One of the great features of this home is the location. With 7.2 acres of gently rolling hills and an orchard, you feel like you're living in the country. However, you have the convenience of living only 3 miles from the Town of Louisa, which offers restaurants, groceries, and medical services.
Make plans to see this beautiful log home with many custom details!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Sep 10, 2023 | In contract | - | |
| In contract | |||
| Sep 1, 2023 | Price Decreased |
$694,999
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Aug 30, 2023 | Price Decreased |
$699,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Aug 9, 2023 | Price Increased |
$719,000
↑ $24K
(3.5%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017