$950,000
●
House -
Off Market
318 MILLER SCHOOL RD
CHARLOTTESVILLE, VA 22903
4 Beds
2 Baths,
2
Half Baths
2,622 Ft²
$5,539
Est. Monthly
2.90%
Cap Rate
About This Property
A classic Colonial Cape Cod perched on a knoll overlooking an
expansive field with long frontage on Stockton Creek in Western
Albemarle. This fine county property offers complete privacy with
Blue Ridge mountain views and wonderful convenience to western
Albemarle schools and Crozet. A custom brick home offers an open
floor plan with many traditional features; such as heart pine
flooring & wood-burning fireplace & wood stove. The rear elevation
has a screened porch that is flanked by decking on both sides. Full
walk-out basement with home office and two-car garage. Central
vacuum, home generator and second floor storage room. Land is
suitable for horses, other livestock or crops with a small two-bay
barn. Great garden space. 2,265 feet of frontage on the Stockton
Creek makes this a great recreational property that attracts all
types of wildlife. Development rights.,Painted Cabinets,Fireplace
in Kitchen,Fireplace in Living Room
Unit Size
2,622 Ft²
Days on Market
-
Land Size
21.23 acres
Price per sqft
$379
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1988
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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: 7 months ago (Bright MLS #668774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| Oct 31, 2025 | Price Decreased |
$1,100,000
↓ $125K
(10.2%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed by STEVENS & COMPANY-CROZET | $1,225,000 | |
| Listed by STEVENS & COMPANY-CROZET | |||
Property Highlights
Fireplace
With View
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 Albemarle
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Listed by: ROSS STEVENS
STEVENS & COMPANY-CROZET
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 668774
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.
STEVENS & COMPANY-CROZET
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 668774
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