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Chesterfield
3701 Morgan Trail Drive
$300,000
● House - Off Market

3701 Morgan Trail Drive

Chesterfield, VA 23832
bedrooms
3 Beds
bathrooms
3 Baths
$1,674
Est. Monthly
7.56%
Cap Rate

About This Property

Welcome home to Morgan Trail Drive located in Old Creek West. Single level living, this home has 3 bedrooms and two baths, with a converted garage boasting another bedroom or flex space and additional bath. Major systems done within past 10 yrs. Make your appointment before it's gone.
Unit Size
-
Days on Market
36 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #2328627)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Nov 26, 2023 Listed by Rashkind Saunders & Co. $299,950
Listed by Rashkind Saunders & Co.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD CREEK
  • Land Acres: 0000000258
  • Standard Land Use Code: 1001
  • County Land Use Code: SD
  • Legal Description 1: OLD CREEK WEST L 27 BK E SEC 8

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100206

Zoning

  • Zoning: R9 - SINGL

Geography

  • Account Number: 444552000
  • District: 03
  • Section: 8
  • Parcel: 764-69-11-55-100-000
  • Block: E
  • Lot: 27
  • Municipality: DALE
  • Latitude: 37.4573
  • Longitude: -77.5311

    Address

  • Full Address: 3701 Morgan Trail Dr
  • Address - House Number: 3701
  • Address - Street Name: Morgan Trail
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chesterfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 7858
  • Zip Code: 23832

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $243,560

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 319,428
  • High Value: 372,794
  • Low Value: 266,063

    Market Valuation

  • Market Total Value: $264,900
  • Market Land Value: $51,000
  • Market Improvement Value: $213,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,900
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $213,900

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 438
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 Chesterfield

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2461 ft²

Average Home Age

19.6 years

Currently For Sale

621 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

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Will Washington, Rashkind Saunders & Co.
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2328627
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 3701 Morgan Trail Drive built and last sold?
The property at 3701 Morgan Trail Drive was built in 1989 and last sold on Jan 3, 2024 for $300,000.
How much is this home worth?
The estimated value of the home located at 3701 Morgan Trail Drive is $0.
What are some comparable homes to 3701 Morgan Trail Drive?
There are currently no comparable homes to 3701 Morgan Trail Drive.
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