$199,000
●
House -
Off Market
6 ROCKY LEDGE LN
SPERRYVILLE, VA 22740
3 Beds
2 Baths,
1
Half Bath
728 Ft²
$202,467
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
In a word . . . Potential! This home is being sold AS
IS. The property is great for investors and buyers with a
penchant for renovation. The electrical panel has been replaced and
septic system repaired. Nearly an acre in a lovely setting with a
large farm to the rear and expansive front yard. Currently an
"English kitchen", meaning the kitchen is on the lower level, but
the only thing stopping creation of the perfect space and layout
for your situation is your imagination. Multiple sheds equals
multiple choices for their use - - storage, chickens, studio,
office . . . Newly renovated property next door also on the market
for side by side investments or those wanting to be near family,
friends or caregivers.
Unit Size
728 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$273
Property Type
House
Property Taxes
$77
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: 4 years ago (Bright MLS #VARP2000964)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Mar 16, 2023 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $199,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2022 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $249,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Rappahannock
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Heidi Lesinski
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VARP2000964
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VARP2000964
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