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Cumberland 23040
3623 Cumberland Road
$310,000
● House - Off Market

3623 Cumberland Road

Cumberland, VA 23040
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$1,650
Est. Monthly

About This Property

Situated on over 4 private acres and only approximately 10 miles to the Powhatan County line!  Quaint small town vibes but close in. Like new 3-bedroom, 2-bath home with a detached shed offers a thoughtfully designed open floor plan perfect for both entertaining and everyday living. Enjoy hardwood floors throughout the main living areas, vaulted ceilings, and a gourmet eat-in kitchen featuring granite countertops, stainless steel appliances, and a spacious center island. The primary suite includes a walk-in closet and private bath with double vanity and large shower. Relax outdoors on the covered front porch or rear deck overlooking your peaceful acreage. A wonderful opportunity to own a like-new home on beautiful land, without the wait of building!
Unit Size
1,440 Ft²
Days on Market
39 days
Land Size
4.08 acres
Price per sqft
$215
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
2018

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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: 8 months ago (CVRMLS #2603237)

Price History

Date / Event Date Event Price
Mar 31, 2026 Sold
Premium
Sold
Feb 27, 2026 In contract -
In contract
Feb 19, 2026 Listed by The Kerzanet Group LLC $309,900
Listed by The Kerzanet Group LLC
May 1, 2019 Sold
Premium
Sold
Feb 28, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 177,725
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004080
  • Standard Land Use Code: 1001

Neighborhood

  • School District Name: Cumberland County Public Schools
  • Census Tract: 930200

Zoning

  • Zoning: A2

Geography

  • Account Number: 14384
  • Parcel: 073 A 31
  • Municipality: MADISON
  • Latitude: 37.4585
  • Longitude: -78.2964

    Address

  • Full Address: 3623 Cumberland Rd
  • Address - House Number: 3623
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Cumberland
  • Carrier Code: R003
  • 4-Digit Zip Code: 2708
  • Zip Code: 23040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,448

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 67
  • Final Value: 307,681
  • High Value: 379,507
  • Low Value: 235,855

    Market Valuation

  • Market Total Value: $185,930
  • Market Land Value: $32,360
  • Market Improvement Value: $153,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,930
  • Assessed Land Value: $32,360
  • Assessed Improvements Value: $153,570

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36

    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 Cumberland

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

80

Average Home Size

1660 ft²

Average Home Age

15.6 years

Currently For Sale

26 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: Tracy Kerzanet, The Kerzanet Group LLC
Last Updated: 8 months ago
Data Source: CVRMLS , MLS# 2603237
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 3623 Cumberland Road built and last sold?
The property at 3623 Cumberland Road was built in 2018 and last sold on Apr 25, 2019 for $189,950.
How much is this home worth?
The estimated value of the home located at 3623 Cumberland Road is $305,540.
What are some comparable homes to 3623 Cumberland Road?
There are currently no comparable homes to 3623 Cumberland Road.
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