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Colonial Heights 23834
708 Hamilton Avenue
$255,000
● House - Off Market

708 Hamilton Avenue

Colonial Heights, VA 23834
bedrooms
3 Beds
bathrooms
2 Baths
$1,432
Est. Monthly
7.39%
Cap Rate

About This Property

Charming, well cared for home in established neighborhood. Home boasts three bedrooms and two full baths.  Living room has hardwood floors and fireplace with gas logs.  Kitchen recently remodeled with beautiful cabinets and granite counter tops.  No shortage of storage here.  Primary bedroom has new carpet and en suite and generous walk in closet.  Two additional spacious bedrooms and a hallyway bath make this home one to see! Storage shed in rear yard.  Lockbox on back porch - enter through left side of rear fence.
Unit Size
-
Days on Market
82 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1925

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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: 3 years ago (CVRMLS #2328142)

Price History

Date / Event Date Event Price
Feb 13, 2024 Sold
Premium
Sold
Nov 17, 2023 Listed by Century 21 Colonial Realty $255,000
Listed by Century 21 Colonial Realty
May 2, 2007 Sold
Premium
Sold
Oct 7, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • 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: 5,663
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THOMPSON`S GARDENS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: SUB: THOMPSON`S GARDENS**SECTION: **BLOCK: **LOT: 21, S7FT-20, 20A

Neighborhood

  • School District Name: Colonial Heights City Public Schools
  • Census Tract: 830500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP: 42
  • Account Number: 2674
  • Parcel: 4200010020A
  • Lot: 21
  • Latitude: 37.2477
  • Longitude: -77.4048

    Address

  • Full Address: 708 Hamilton Ave
  • Address - House Number: 708
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Colonial Heights
  • Carrier Code: C013
  • 4-Digit Zip Code: 3318
  • Zip Code: 23834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $214,800

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 255,414
  • High Value: 277,858
  • Low Value: 232,971

    Market Valuation

  • Market Total Value: $179,000
  • Market Land Value: $40,000
  • Market Improvement Value: $139,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $139,000

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Feb 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 204
  • Previous Sale Recording Date: May 02, 2007
  • Previous Sale Contract Date: Apr 27, 2007
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
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 Colonial Heights

Stats & Trends

Median Asking:

$289,950

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1720 ft²

Average Home Age

60.2 years

Currently For Sale

24 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

Unit for rent at 21508 Pannill Street, Chesterfield, VA, 23803

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 804 ft²
21508 Pannill Street, Chesterfield, VA, 23803 Listing by Beatrice Arthur

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Debra Russell, Century 21 Colonial Realty
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2328142
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 708 Hamilton Avenue built and last sold?
The property at 708 Hamilton Avenue was built in 1925 and last sold on Jan 30, 2024 for $255,000.
How much is this home worth?
The estimated value of the home located at 708 Hamilton Avenue is $257,550.
What are some comparable homes to 708 Hamilton Avenue?
There are currently no comparable homes to 708 Hamilton Avenue.
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