$650,000
●
House -
Off Market
7707 LORTON RD
LORTON, VA 22079
4 Beds
3 Baths
1,760 Ft²
$3,192
Est. Monthly
About This Property
This residence boasts immense potential, nestled on over half an
acre of land in a non-HOA zone. Featuring three bedrooms and two
bathrooms, it offers a spacious kitchen with a dedicated dining
area. The expansive laundry room presents versatility, potentially
doubling as an additional bedroom. Enjoy the convenience of
single-level living with a basement below, ideal for storage and
ripe for customization. Ample parking space is complemented by
proximity to the train station and major commuter routes, as well
as nearby shopping and dining options. Adding to its allure is a
sizable two-story shed, perfect for indulging in hobbies or
expanding storage capacity. In sum, it exudes a captivating charm.
The house is being sold "as is" and only a few more items
will be removed before settlement.
Unit Size
1,760 Ft²
Days on Market
58 days
Land Size
0.59 acres
Price per sqft
$369
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1955
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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 (Bright MLS #VAFX2179388)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Price Decreased |
$650,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| May 24, 2024 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| May 13, 2024 | Listed by Samson Properties | $700,000 | |
| Listed by Samson Properties | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lorton
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Listed by: Rhonda Perry
Samson Properties
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFX2179388
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Samson Properties
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# VAFX2179388
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