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James City 23188
5720 Centerville Road
$275,000
● House - Off Market

5720 Centerville Road

Williamsburg, VA 23188
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$1,468
Est. Monthly
9.09%
Cap Rate

About This Property

This beautifully renovated cottage is move-in ready with updates inside and out! Exterior improvements include a new roof, windows, siding and trim. Inside, enjoy new luxury vinyl plank flooring throughout, all new doors, a brand-new kitchen with cabinets, granite countertops, sink, and faucet. The bathroom features a new tub/shower, vanity, toilet, mirror, and updated plumbing. A new HVAC system, water heater, and stacked washer/dryer add to the home's efficiency. Electrical updates and a new moisture barrier in the crawl space offer peace of mind. Located on a corner lot with easy access to Forest Glen and Centerville Roads, and just minutes from Route 199, shopping, dining, and I-64. A large storage shed in the backyard. Don't miss this turnkey gem!
Unit Size
864 Ft²
Days on Market
137 days
Land Size
0.23 acres
Price per sqft
$318
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1971

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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: 12 months ago (CVRMLS #2519228)

Price History

Date / Event Date Event Price
Nov 24, 2025 Sold
Premium
Sold
Oct 10, 2025 In contract -
In contract
Aug 26, 2025 Relisted $275,000
Relisted
Aug 20, 2025 In contract -
In contract
Jul 10, 2025 Listed by RW Towne Realty $275,000
Listed by RW Towne Realty
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • 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: 10,019
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST GLEN
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 502
  • Legal Description 1: L-4 S-1 FOREST GLEN

Neighborhood

  • School District Name: James City County Public Schools
  • Census Tract: 080306

Zoning

  • Zoning: R2 GENERAL

Geography

  • Assessors Map Reference: MAP PG 31-1
  • Account Number: 29029
  • Section: 1
  • Parcel: 31-1 02-0-0004-A
  • Lot: 4
  • Municipality: POWATAN
  • Latitude: 37.3221
  • Longitude: -76.7888

    Address

  • Full Address: 5720 Centerville Rd
  • Address - House Number: 5720
  • Address - Street Name: Centerville
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Williamsburg
  • Carrier Code: R023
  • 4-Digit Zip Code: 7303
  • Zip Code: 23188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,292

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 84
  • Final Value: 189,981
  • High Value: 215,635
  • Low Value: 164,327

    Market Valuation

  • Market Total Value: $137,700
  • Market Land Value: $48,500
  • Market Improvement Value: $89,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,700
  • Assessed Land Value: $48,500
  • Assessed Improvements Value: $89,200

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 10777
  • Previous Sale Recording Date: Aug 25, 2009
  • Previous Sale Contract Date: Jul 15, 2009
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
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 James City

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3367 ft²

Average Home Age

18.1 years

Currently For Sale

58 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

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Sharon Baker, RW Towne Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 2519228
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 5720 Centerville Road built and last sold?
The property at 5720 Centerville Road was built in 1971 and last sold on Sep 29, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 5720 Centerville Road is $0.
What are some comparable homes to 5720 Centerville Road?
There are currently no comparable homes to 5720 Centerville Road.
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