429 MOUNTAIN FALLS ROAD
About This Property
Discover a GREAT opportunity at 429 Mountain Falls Rd, where over 53 acres of unrestricted land await your vision! This remarkable property features a cozy residence built in 1931, offering 1 bedroom and 1 bathroom, alongside a welcoming kitchen and living room.
Nestled right off Mountain Falls, you're just a convenient 25-minute drive from Winchester Medical Center and the vibrant downtown district, filled with tons of shopping and dining options.
This expansive lot is ideal for seasonal hunting, boasting favorable topography that enhances your outdoor adventures. The serene pond attracts an array of beautiful wildlife, creating a picturesque setting for nature enthusiasts.
Don't miss your chance to own such a rare and spacious property in Frederick County! Opportunities like this are hard to come by-make it yours today!
* property is not served by a septic system * *Property is served by private well*
See documents section for further information. Owner offering seller financing!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2024 | In contract | - | |
| In contract | |||
| Oct 28, 2024 | Listed by Coldwell Banker Premier | $499,000 | |
| Listed by Coldwell Banker Premier | |||
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53.34-Acre Retreat in Winchester, VA!
Discover a GREAT opportunity at 429 Mountain Falls Rd, where over 53 acres of unrestricted land await your vision! This remarkable property features a cozy residence built in 1931, offering 1 bedroom and 1 bathroom, alongside a welcoming kitchen and living room.
Nestled right off Mountain Falls, you’re just a convenient 25-minute drive from Winchester Medical Center and the vibrant downtown district, filled with tons of shopping and dining options.
This expansive lot is ideal for seasonal hunting, boasting favorable topography that enhances your outdoor adventures. The serene pond attracts an array of beautiful wildlife, creating a picturesque setting for nature enthusiasts.
Don’t miss your chance to own such a rare and spacious property in Frederick County! Opportunities like this are hard to come by—make it yours today!
* property is not served by a septic system * *Property is served by private well*
See documents section for further information. Owner offering seller financing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017