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Chester 23831
3206 New Found Lane
$300,000
● House - Off Market

3206 New Found Lane

Chester, VA 23831
bedrooms
4 Beds
bathrooms
2 Baths
$1,644
Est. Monthly
9.92%
Cap Rate

About This Property

Cute move-in ready Cape in Chester! 4 Bedrooms, 2 Full baths, new carpet installed last week, fresh paint throughout, New roof installed July 2024, vinyl siding installed 2022, storage shed out back. Schedule your showing today!
Unit Size
-
Days on Market
40 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1989

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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: 2 years ago (CVRMLS #2425993)

Price History

Date / Event Date Event Price
Nov 12, 2024 Sold
Premium
Sold
Oct 10, 2024 In contract -
In contract
Oct 3, 2024 Listed by Long & Foster REALTORS $299,950
Listed by Long & Foster REALTORS
Jul 29, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,975
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMERON RUN
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: SD
  • Legal Description 1: CAMERON RUN L 39 BK C SEC 3A

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100409

Zoning

  • Zoning: R7 - SINGL

Geography

  • Account Number: 311732001
  • District: 01
  • Section: 3A
  • Parcel: 793-66-09-97-200-000
  • Block: C
  • Lot: 39
  • Municipality: BERMUDA
  • Latitude: 37.3719
  • Longitude: -77.4294

    Address

  • Full Address: 3206 New Found Ln
  • Address - House Number: 3206
  • Address - Street Name: New Found
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Chester
  • Carrier Code: R009
  • 4-Digit Zip Code: 1887
  • Zip Code: 23831

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $206,796

    Appraisal Valuation

  • Standard Deviation: 0.1456
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 272,933
  • High Value: 312,693
  • Low Value: 233,173

    Market Valuation

  • Market Total Value: $224,500
  • Market Land Value: $54,000
  • Market Improvement Value: $170,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,500
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $170,500

    Sales

  • Current Sale Contract Date: Jul 26, 2005
  • Current Sale Recording Date: Jul 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Chester

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2429 ft²

Average Home Age

31.4 years

Currently For Sale

39 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

Unit for rent at 11101 Timonium Drive, Chester, VA, 23831

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,428 ft²
11101 Timonium Drive, Chester, VA, 23831 Listing by Lindsay Shacklette

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Alex Glaser, Long & Foster REALTORS
Last Updated: 2 years ago
Data Source: CVRMLS , MLS# 2425993
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 3206 New Found Lane built and last sold?
The property at 3206 New Found Lane was built in 1989 and last sold on Jul 26, 2005 for $157,000.
How much is this home worth?
The estimated value of the home located at 3206 New Found Lane is $0.
What are some comparable homes to 3206 New Found Lane?
There are currently no comparable homes to 3206 New Found Lane.
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