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King and Queen
318 Broach Lane
$323,000
● House - Off Market

318 Broach Lane

King & Queen, VA 23156
bedrooms
3 Beds
bathrooms
2 Baths
$340,559
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Welcome to the peace and tranquility of country living. As you enter the private drive, you are greeted with a well maintained charming ranch newly renovated home sitting on 5 acres! This 3 bedroom 2 full bath ranch is nestled between a cozy front porch with views of expansive lawns and a large pole barn with views of the private backyard paradise. Entertain in the spacious open concept family room with vaulted ceilings and large windows which provide tons of natural sunlight throughout. Enjoy cooking in this Large eat in kitchen with large island and stainless steel appliances. Fully finished walk out basement with wood stove. This home has so much to offer. Country living at its best!
Unit Size
-
Days on Market
44 days
Land Size
5.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
2005

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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: 3 years ago (CVRMLS #2125471)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 16, 2021 Listed by Samson Properties $299,999
Listed by Samson Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,512
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: R S BROACHE
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • Legal Description 1: R S BROACHE LOT 17

Neighborhood

  • School District Name: King and Queen County Public Schools
  • Census Tract: 950500

Zoning

  • Zoning: AGRICULTUR

Geography

  • Account Number: 1704
  • District: 03
  • Parcel: 23 136R 1174Q
  • Lot: 17
  • Latitude: 37.6042
  • Longitude: -76.7041

    Address

  • Full Address: 318 Broach Ln
  • Address - House Number: 318
  • Address - Street Name: Broach
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Shacklefords
  • Carrier Code: H074
  • 4-Digit Zip Code: 3079
  • Zip Code: 23156

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $142,416
  • Tax Rate Code Area: BUENA VIST

    Appraisal Valuation

  • Standard Deviation: 0.0645
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 291,837
  • High Value: 310,682
  • Low Value: 272,992

    Market Valuation

  • Market Total Value: $296,700
  • Market Land Value: $31,200
  • Market Improvement Value: $265,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,700
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $265,500

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About King and Queen

Stats & Trends

Median Asking:

$282,200

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2499 ft²

Average Home Age

67.5 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Kelly Pardue, Samson Properties
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2125471
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 318 Broach Lane built and last sold?
The property at 318 Broach Lane was built in 2005 and last sold on Sep 29, 2021 for $323,000.
How much is this home worth?
The estimated value of the home located at 318 Broach Lane is $0.
What are some comparable homes to 318 Broach Lane?
There are currently no comparable homes to 318 Broach Lane.
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