4
Map
$50,000
●
Land -
For Sale
Lot 150, PRESIDENTIAL LAKES
KING GEORGE, VA 22485
Studio
0 Bath
$359
Est. Monthly
$113
HOA / Fees
62.12%
Cap Rate
About This Property
Discover a rare opportunity to own a wooded 0.51-acre parcel in the
coveted Presidential Lakes community, where nature and recreation
harmoniously blend. This prime land offers serene views, creating a
tranquil backdrop for your dream home. Imagine waking up to the
gentle sounds of nature and enjoying peaceful evenings by the
nearby lake, perfect for fishing or leisurely strolls along the
water's edge. Presidential Lakes boasts an array of amenities
designed for an active lifestyle, including lake access, sport
court, a community center, nature trails, and outdoor pool. Embrace
the lifestyle you've always wanted in a neighborhood that
prioritizes both relaxation and recreation.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$113
Year Built
-
Listed By
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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: 2 months ago (Bright MLS #VAKG2008812)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2026 | Listed by Weichert, REALTORS | $50,000 | |
| Listed by Weichert, REALTORS | |||
| Jun 18, 2019 | No longer available | - | |
| No longer available | |||
| May 26, 2018 | Listed | $69,500 | |
| Listed | |||
| | |||
|
Waterfront lot on Lake Madison in Presidential Lakes with almost 250 ft. of water frontage. Property at end of cul-de-sac and across street from community's clubhouse, picnic areas, outdoor pool, tot lot, tennis courts, private roads and protective covenants. Build your dream home - peaceful & quiet. Easy commute to I95, Northern VA, Quantico, NSWC Dahlgren, AP Hill, and Southern Maryland.
| |||
Property Highlights
Exterior Details
Lot Size Area: 22216
Lot Size Units: Square Feet
Lot Size Acres: 0.51
Lot Size Square Feet: 22216
Tax Lot: 150
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $90,000
Utilities Details
Sewer : Public Hook/Up Avail
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Basketball Court, Maintenance Grounds, Picnic Area, Playground, Community Center, Jog/Walk Path, Lake, Pool - Outdoor, Recreational Center, Water/Lake Privileges
HOA Fee: $113
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
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HOA + Taxes
About King George
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Listed by: Mary Ann Bendinelli
Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAKG2008812
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Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# VAKG2008812
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