15
Map
6315 COURTHOUSE ROAD
About This Property
SHOWINGS & ACCESS: Showings are strictly by appointment only. Prior to entry, all parties must sign a Hold Harmless Agreement. Please email the signed agreement , and we will contact your agent promptly to schedule your showing.
FINANCING PREFERENCES: Please be advised that the utilities are currently off and will not be activated by the seller. Because this will prevent a standard appraisal, Cash, Hard Money, or Financing with no appraisal contingency are highly preferred.
Great investment opportunity in Spotsylvania!
Buyer and buyer's agent to verify actual property age; the 1999 'Year Built' likely reflects the county's effective year built for tax assessments rather than the original construction date.
This 2-bedroom, 1-bathroom Ranch-style home offers 792 square feet of living space and sits on a spacious 0.57-acre lot at 6315 Courthouse Rd.
Outside, the expansive lot provides a blank canvas with limitless possibilities for landscaping, outdoor living, or future expansion.
Whether you are an investor looking for your next project or a buyer ready to build some sweat equity, this property offers plenty of potential.
Please note the following terms and conditions prior to submitting an offer:
This property is bank-owned and requires updating. The asking price reflects the current condition of the home.
The property is being sold strictly "AS IS, WHERE IS."
The seller will provide a quitclaim deed at settlement.
The buyer is responsible for all transfer taxes.
All bids are to be submitted online
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017