71 RIVERS BEND LANE
About This Property
Built by E&A Call, on a previous tree farm, and meticulously maintained by its original owner, this home offers thoughtful design and quality craftsmanship. The builder gives the home a clean bill of health! No issues! Inside, you'll find a split floor plan with 9-foot ceilings, elegant crown molding, 6" baseboards, and 3" trim throughout. The living areas feature hardwood floors with a gas fireplace, the bathrooms and sunroom boast durable tile, and the bedrooms are carpeted for comfort. All bedrooms have walk-in closets, and the primary suite includes a soaking tub, separate shower, and dual vanities. The kitchen is a chef's dream with ample counter space and a walk-in pantry, while the oversized laundry room includes a washer and dryer with an additional storage closet. The attached 2-car garage has an interior and exterior door as well as storage area and a large workshop area for your projects. Recent upgrades in the last year, include a pure water system, and new 6" gutters with Gutter Helmet covers ($11K). The home features upgraded beaded lap siding and a brick facade foundation that wraps around all sides for durability and charm. Dual HVAC systems were updated in 2023 ($18k) and 2014. Generac whole home generator ensures year-round comfort without worry of a power outage. Construction photos and maintenance records attest to the quality construction and care this home has received. Enjoy the serene location on a cul de sac street and endless possibilities for outdoor living on this beautiful acreage, just a short drive to Lake Anna, multiple vineyards, and Louisa County amenities. Don't miss this rare opportunity to own a quality-built, move-in-ready home in a picturesque setting! Seller was mid redo of the primary closet. The bars can be put back in if you desire.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Nov 27, 2024 | Listed by NEXTHOME BLUE HERON REALTY GROUP | $549,900 | |
| Listed by NEXTHOME BLUE HERON REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017