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Cumberland 23901
71 Spillman Road
$180,000
● House - Off Market

71 Spillman Road

Farmville, VA 23901
bedrooms
3 Beds
bathrooms
2 Baths
$169,436
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to the sweetest farmhouse with room to spread out inside and outside. Tucked at the end of a street this home on .62 acre lot offers over 1800 sq. ft. of living with a 2 car detached garage. a farm building perfect for your tractors, and an outside dog run. The home has 3 bedrooms, 2 baths, huge family room, living, dining, country kitchen and a den.  Rear and side deck give you room to spread out with family and friends. You will have room to garden and play in this large flat yard. Enjoy being close to town while living. in the country. Do not miss this sweet home.  Will not last!
Unit Size
-
Days on Market
34 days
Land Size
0.62 acres
Price per sqft
-
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1940

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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 #2314539)

Price History

Date / Event Date Event Price
Jul 18, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by Century 21 Realty @ Home $169,900
Listed by Century 21 Realty @ Home

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 27,094
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000622
  • Standard Land Use Code: 1001

Neighborhood

  • School District Name: Cumberland County Public Schools
  • Census Tract: 930102

Zoning

  • Zoning: A2

Geography

  • Account Number: 11977
  • Parcel: 097 A 88
  • Municipality: RANDOLPH
  • Latitude: 37.3529
  • Longitude: -78.3735

    Address

  • Full Address: 71 Spillman Rd
  • Address - House Number: 71
  • Address - Street Name: Spillman
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Farmville
  • Carrier Code: R001
  • 4-Digit Zip Code: 3918
  • Zip Code: 23901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $76,043

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 162,744
  • High Value: 195,376
  • Low Value: 130,112

    Market Valuation

  • Market Total Value: $101,390
  • Market Land Value: $11,970
  • Market Improvement Value: $89,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,390
  • Assessed Land Value: $11,970
  • Assessed Improvements Value: $89,420

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Cumberland

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

80

Average Home Size

1660 ft²

Average Home Age

15.6 years

Currently For Sale

26 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

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CVR

Listed by: Navona Hart, Century 21 Realty @ Home
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2314539
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 71 Spillman Road built and last sold?
The property at 71 Spillman Road was built in 1940 and last sold on Jul 14, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 71 Spillman Road is $0.
What are some comparable homes to 71 Spillman Road?
There are currently no comparable homes to 71 Spillman Road.
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