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Powhatan
3516 Old Buckingham Road
$330,000
● House - Off Market

3516 Old Buckingham Road

Powhatan, VA 23139
bedrooms
3 Beds
bathrooms
2 Baths
$1,778
Est. Monthly
7.98%
Cap Rate

About This Property

Don't miss this gem in central Powhatan. Completely renovated brick rancher on two and a half acres, Just minutes from the charm Powhatan Village has to offer, and less than 20 minutes from 288 and Westchester. Beautiful refinished hardwood floors throughout the home, as well as a brand new tiled kitchen with attractive granite countertops and all new cabinetry and appliances. The house boasts a brand new spacious primary bathroom with tiled shower, as well as a large tiled mudroom and second full bathroom. New windows, roof, water heater, plumbing, and HVAC ensure comfort for years to come. Xfinity Highspeed internet at​​‌​​​​‌​​‌‌​​​‌​​‌‌​‌‌‌​‌​​​​‌​​​‌‌​‌‌‌ property.
Unit Size
-
Days on Market
14 days
Land Size
2.43 acres
Price per sqft
-
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1969

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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 #2421466)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Aug 17, 2024 In contract -
In contract
Aug 15, 2024 Listed by Cottage Street Realty LLC $335,000
Listed by Cottage Street Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 105,894
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002431
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: PT POULSTON LOT B

Neighborhood

  • School District Name: Powhatan County Public Schools
  • Census Tract: 500202

Zoning

  • Zoning: A-10

Geography

  • Account Number: 6392
  • District: PS
  • Parcel: 039-67
  • Lot: 67
  • Municipality: SPENCER
  • Latitude: 37.5377
  • Longitude: -77.892

    Address

  • Full Address: 3516 Old Buckingham Rd
  • Address - House Number: 3516
  • Address - Street Name: Old Buckingham
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Powhatan
  • Carrier Code: R019
  • 4-Digit Zip Code: 7101
  • Zip Code: 23139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $150,972
  • Initial Tax Delinquent Year: 2021

    Market Valuation

  • Market Total Value: $177,000
  • Market Land Value: $81,000
  • Market Improvement Value: $96,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,000
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $96,000
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 Powhatan

Stats & Trends

Median Asking:

$529,925

Sale Price/ft²

$247

Above Asking

0.00%

Average Days on Market

45

Average Home Size

2888 ft²

Average Home Age

21.2 years

Currently For Sale

63 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: Debbie Crevier-Kent, Cottage Street Realty LLC
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2421466
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 3516 Old Buckingham Road built and last sold?
The property at 3516 Old Buckingham Road was built in 1969 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3516 Old Buckingham Road is $338,350.
What are some comparable homes to 3516 Old Buckingham Road?
There are currently no comparable homes to 3516 Old Buckingham Road.
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