$785,000
●
Land -
For Sale
3133 WEST OX ROAD
HERNDON, VA 20171
Studio
0 Bath
$4,619
Est. Monthly
About This Property
Exceptional land opportunity on West Ox Road in Herndon!
Approximately 0.8658 acres, this parcel offers strong land value
and development potential, with an existing occupied residence on
the property.
Electric and Public Water on site. Public Sewer near by. A long paved and private driveway provides convenient access to the property.
Ideally positioned on West Ox Road with convenient access to major roadways, shopping, dining, parks, employment centers, and everyday amenities. The property presents an attractive opportunity for developers, investors, or buyers seeking a strategically located parcel.
Craftsman home in second picture is for illustrative purposes only. New construction is subject to applicable Fairfax County requirements, zoning, and approvals.
The existing residence offers approximately 1,700 square feet of living area, built in 1980 and is currently occupied.
Electric and Public Water on site. Public Sewer near by. A long paved and private driveway provides convenient access to the property.
Ideally positioned on West Ox Road with convenient access to major roadways, shopping, dining, parks, employment centers, and everyday amenities. The property presents an attractive opportunity for developers, investors, or buyers seeking a strategically located parcel.
Craftsman home in second picture is for illustrative purposes only. New construction is subject to applicable Fairfax County requirements, zoning, and approvals.
The existing residence offers approximately 1,700 square feet of living area, built in 1980 and is currently occupied.
Unit Size
-
Days on Market
-
Land Size
0.86 acres
Price per sqft
-
Property Type
Land
Property Taxes
$764
HOA Dues
-
Year Built
1980
Listed By
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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: 5 days ago (Bright MLS #VAFX2338218)
Price History
Property Highlights
Exterior Details
Lot Size Area: 37462
Lot Size Units: Square Feet
Lot Size Acres: 0.86
Lot Size Square Feet: 37462
Water Source: Public
Financial Details
Tax Assessed Value: $795,000
Tax Annual Amount: $9,171
Utilities Details
Sewer : Public Sewer, Septic Exists, Sewer Tap Fee
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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Asking Price
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Closing Price
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HOA + Taxes
About Fairfax
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Listed by: Saeid Nikka
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAFX2338218
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAFX2338218
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