$885,000
●
House -
Off Market
517 BENNETT ST
CHARLOTTESVILLE, VA 22901
5 Beds
4 Baths
2,471 Ft²
$4,965
Est. Monthly
$619
HOA / Fees
4.86%
Cap Rate
About This Property
Custom built, Pearl Certified Gold high-performing home in Lochlyn
Hill on corner lot with side-entry 2-car garage from adjacent
alley. This 5-bedroom, 4-bath home has 3 floors of finished square
footage with custom top-down window treatments throughout as well
as a screened rear porch, patio and front porch for plenty of
outdoor living, too. Built in 2021 with many beautiful custom
finishes including red oak floors, built-in bookshelves, barn
doors, mudroom with cubbies, custom walk-in tiled shower,
heated floor in primary bath, farmhouse sink, KitchenAid
appliances, Nelson pendant chandelier, Weber gas grill with
dedicated gas line and much more. Lochlyn Hill, which is
adjacent to the Rivanna Trail, offers proximity to nature, yet is
convenient to shopping, Downtown and UVA.,Granite Counter,Maple
Cabinets,Painted Cabinets
Unit Size
2,471 Ft²
Days on Market
32 days
Land Size
0.12 acres
Price per sqft
$358
Property Type
House
Property Taxes
$610
HOA Dues
$619
Year Built
2021
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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: 3 years ago (Bright MLS #654759)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Price Decreased |
$885,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 8, 2024 | Listed by STEVENS & COMPANY-CROZET | $895,000 | |
| Listed by STEVENS & COMPANY-CROZET | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Locust Grove
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Listed by: AMY STEVENS
STEVENS & COMPANY-CROZET
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 654759
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
STEVENS & COMPANY-CROZET
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# 654759
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