317 LOCUSTDALE LOOP
About This Property
This 3 level Cape Cod style home has all that AND MORE! Main Level Living/Kitchen/Dining Open Layout is perfect for entertaining. 2 Bedrooms with a shared Hall Full Bathroom on the Main Level. Upper Level Primary Suite Bedroom with Private Full Bathroom and 2-Story Overlook of Main Level Living Area. Lower Level is equipped with the Great Room, Den/Flex Space, Laundry Room, and Half Bathroom along with Access to the 2-Car Attached Garage. Speaking of Garages, this Property features an extraordinary Heated & Finished 24x24 Detached 2nd Garage/Game Room - Perfect for Airbnb guests or for personal use! Enjoy the Mountain Views from your Back Deck! Less than 1.5mi from the nearby Scenic Shenandoah River Public Boat Landing with Gated Parking, Walking Path, and Picnic Tables. This home is also just around the bend from the quaint town of Shenandoah - plenty of small town amenities to explore!
Local Attractions to 317 Locustdale Loop in Shenandoah, VA include: **Shenandoah River Park** (1.5 miles NE) for public River access. **Luray Caverns** (20 miles NW) and **Grand Caverns** (15 miles SW) offer stunning underground formations. **Shenandoah River Adventures** (2 miles NE) provides kayaking and tubing. **Shenandoah Heritage Village** (20 miles NW) showcases historic buildings, and **George Washington National Forest** (25 miles W) offers hiking, camping, and scenic views.
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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 |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Price Decreased |
$389,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
| Oct 19, 2025 | Price Decreased |
$395,000
↓ $35K
(8.1%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017