$530,000
●
House -
Off Market
7022 OLD CAROLINA RD
GAINESVILLE, VA 20155
3 Beds
3 Baths
1,064 Ft²
$503,776
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
**Owner Agent** Welcome HOME! This STUNNING Gainesville home is
LOADED WITH UPGRADES sitting on just under an ACRE, wedged right
between Wegmans & Downtown Haymarket. This home features NEW LVP
flooring throughout the home, 3 NEW FULL BATHROOMS with high end
vanities and tile, NEW paint throughout, NEW DESIGNER KITCHEN with
solid wood cabinets, soft close and quartz countertops! Outside you
will find a HUGE partially fenced yard, newly re-built porch, NEW
Roof, NEW fence(s), NEW hardi-plank siding, NEW gutters, windows
redone in 2017, HVAC 2015, NEW Front Door, driveway redone in 2021.
NEW electric service. House has no water bill - NEW well drilled in
2022, however the home is hooked up to Public Sewer. Did I mention
NO HOA? Don't miss your chance to make this house your home and
tour ASAP!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$470
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1979
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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 #VAPW2042270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Relisted | $499,900 | |
| Relisted | |||
| Apr 18, 2023 | In contract | - | |
| In contract | |||
| Mar 18, 2023 | Price Decreased |
$524,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Gainesville
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Listed by: Devin Moore
Innovation Properties, LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# VAPW2042270
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.
Innovation Properties, LLC
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# VAPW2042270
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