37038 PINEHILL LANE
About This Property
PUBLIC REAL ESTATE AUCTION EVENT
To Settle the Estate of John Peter Ludwig: Valuable Loudoun County lot near Potomac River & Brunswick Train
NOTE: AUCTION WILL BE CONDUCTED OFF-SITE at BETWEEN THE HILLS COMMUNITY CENTER, 11762 HARPERS FERRY RD., HILLSBORO, VA 20132 (only 0.4 mile from auction property)
Live Auction w/Live Real-Time Online Simulcast Bidding for Your Convenience!!
Please preview the property at your leisure, but DO NOT enter the structure as it is not safe. Please contact auction contact for more information.
2.12 +/- acre Loudoun County lot
Frontage on 2 roads: 398' +/- on Pinehill Ln. & 445' +/- on Harpers Ferry Rd.
Property has a small home structure on it that is completely uninhabitable due to fire.
Please DO NOT ENTER this structure as it is NOT SAFE!!
There is a creek that runs through the property
The existing structure does have a basement for a potential future footprint
This is an excellent opportunity for investors, rehab specialists or home builders!!
Located only 2 miles from Rt. 340, 4.5 miles from Harpers Ferry, 10 miles from Charles Town, 13 miles from downtown Purcellville, and only a short drive to Leesburg, Dulles Airport, NoVa & Frederick, MD!!
Tax Map: 473-15-4423-000; Zoned: AR-1 (Structure is uninhabitable and not safe to enter. Please contact Loudoun County for more info. Yearly real estate taxes: $1,356; $15,000 deposit (certified check ONLY) is due immediately after confirmation of final bid, must be shown at registration and the balance due at closing within 30 days; WE GUARANTEE A FREE & CLEAR DEED
Only $50,000 Starting Bid!!
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 17, 2026 | In contract | - | |
| In contract | |||
| Apr 19, 2026 | Listed by RE/MAX Supercenter | $50,000 | |
| Listed by RE/MAX Supercenter | |||
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About Loudoun
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017