5323 GREATMEADE LANE
About This Property
From the moment you enter through the four-board fencing and stately front gate, you'll feel the peace and possibility this property provides. The land is a harmonious mix of open pasture and wooded privacy-ideal for horses, livestock, gardening, or simply enjoying the natural beauty of your surroundings. A spring-fed pond adds to the property's charm, offering tranquil views from the back deck and creating a true sanctuary for those who crave the outdoors.
Inside, the main level welcomes you with three bedrooms and two and a half baths, including a primary suite designed for comfort and relaxation. The open layout connects the kitchen, dining, and living areas, making it ideal for everyday life or entertaining. Fresh paint, updated flooring, and custom finishes throughout ensure the home is move-in ready while maintaining its timeless country character.
Downstairs, the fully finished lower level expands the possibilities. With its own entrance, full kitchen, bedroom, full bath, living and family rooms, plus a flex office space, this level easily functions as a second residence-perfect for in-laws, guests, or an income-producing suite. There's even potential for a fifth bedroom, making it one of the most versatile layouts on the market.
For those who need storage, workspace, or hobby areas, the property offers a two-car attached garage, a detached carport, and multiple barns and sheds-ideal for vehicles, equipment, or farm use. Whether you dream of running a small farmette, housing animals, or simply having room to roam, this property has it all.
New Roof, New Windows, kitchen, bath, flooring, walls ready for you to move in. Tucked away in Sumerduck yet conveniently located between Warrenton, Fredericksburg, and Culpeper, this estate offers the space, flexibility, and privacy today's buyers are searching for.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$749,900
↓ $49K
(6.2%) | |
| Price Decreased | |||
| Dec 16, 2025 | Price Increased |
$799,000
↑ $40K
(5.3%) | |
| Price Increased | |||
| Nov 15, 2025 | Relisted | $759,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017