480 LEELAND ROAD
About This Property
model. 4,364 square feet over three levels on 4.5 private, wooded acres. Bright, open Kitchen opens to
Family Room and window filled Morning Room which leads to a Covered Porch. Main level Pocket Office
adjacent to Flex Room/Living Room. Mud Room/Drop Zone with custom cubbies off garage. Primary
bedroom with Cathedral ceiling, luxury bath with Roman shower, spacious cabinet array and huge closet.
Second bedroom with En-suite bath and large closet. Bedrooms 3 & 4 share a Jack-N-Jill Bath. Finished
lower level with Rec Room, Den and Full Bath along with plenty of storage space. Excellent location near
VRE and minutes to Downtown Fredericksburg! Photos shown are of similar built homes and may depict optional features. Home is to-be-built.
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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.
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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 |
|---|---|---|---|
| May 22, 2026 | Listed by Cottage Street Realty LLC | $999,031 | |
| Listed by Cottage Street Realty LLC | |||
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About Stafford
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017