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Blackstone 23824
500 Doswell Street
$40,000
● House - Off Market

500 Doswell Street

Blackstone, VA 23824
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,317 Ft²
$301
Est. Monthly
49.87%
Cap Rate

About This Property

In-town Blackstone opportunity at a great price for investment. Simple footprint on a 50' x 100' lot with exterior yard space for parking, shed, or a small garden. AS-IS sale. No interior entry permitted; please review the posted photos for interior condition. Exterior viewing only. Buyer to verify utilities, zoning, and any permits needed for repair or rebuilding. Cash or renovation-style financing preferred. Convenient location within minutes of downtown Blackstone services and main commuter routes.
Unit Size
1,317 Ft²
Days on Market
111 days
Land Size
0.11 acres
Price per sqft
$45
Property Type
House
Property Taxes
$11
HOA Dues
-
Year Built
1950

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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: 11 months ago (CVRMLS #2524446)

Price History

Date / Event Date Event Price
Dec 19, 2025 Sold
Premium
Sold
Sep 4, 2025 In contract -
In contract
Aug 30, 2025 Listed by EXP Realty LLC $59,000
Listed by EXP Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: 50 X100 FT.S.SIDE N

Neighborhood

  • School District Name: Nottoway County Public Schools
  • Census Tract: 000102

Geography

  • District: 05
  • Parcel: 50A19 8 A 1D
  • Municipality: BLACKSTONE
  • Latitude: 37.0851
  • Longitude: -77.9973

    Address

  • Full Address: 500 Doswell St
  • Address - House Number: 500
  • Address - Street Name: Doswell
  • Address - Suffix Type: St
  • State: VA
  • City Name: Blackstone
  • Carrier Code: C002
  • 4-Digit Zip Code: 1016
  • Zip Code: 23824

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,152

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 67
  • Final Value: 155,576
  • High Value: 191,727
  • Low Value: 119,425

    Market Valuation

  • Market Total Value: $64,900
  • Market Land Value: $3,000
  • Market Improvement Value: $61,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,900
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $61,900
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 Blackstone

Stats & Trends

Median Asking:

$159,000

Sale Price/ft²

$143

Below Asking

0.04%

Average Days on Market

41

Average Home Size

2068 ft²

Average Home Age

84.6 years

Currently For Sale

12 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: Lisa Novak, EXP Realty LLC
Last Updated: 11 months ago
Data Source: CVRMLS , MLS# 2524446
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 500 Doswell Street built and last sold?
The property at 500 Doswell Street was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 500 Doswell Street is $59,590.
What are some comparable homes to 500 Doswell Street?
There are currently no comparable homes to 500 Doswell Street.
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