898 SEVILLE RD.
About This Property
Looking for a newer home with acreage, room to grow, and an easy commute? This 2022-built, 3-bedroom, 2-bath home on 3 acres checks a lot of boxes - without giving up convenience.
Located just off Route 29 between Culpeper and Charlottesville, this property gives you the space and privacy of country living while keeping everyday essentials, restaurants, shopping, wineries, and major roadways within easy reach. It's also just minutes from the Greene County line.
Inside, the open-concept main level feels bright, comfortable, and easy to live in. The living room and kitchen feature cathedral ceilings and plenty of natural light, creating one spacious area for everything from slow mornings with coffee to dinner with friends. The kitchen includes granite countertops, soft-close cabinets, and plenty of counter space for cooking, entertaining, and everyday life.
The home offers three bedrooms and two full bathrooms, with double-hung tilt windows for easy cleaning and energy efficiency. And then there's the full unfinished basement - a major opportunity for the next owner. With plumbing already roughed in for a future bathroom, you have the potential to create additional living space, a home office, gym, playroom, media room, guest area, workshop, or whatever your household needs. Laundry is conveniently located downstairs, too.
Outside is where the 3-acre setting really shines. The property already has established fenced raised garden beds out front, ready for your next growing season, plus a newer rear deck right off the kitchen. Picture morning coffee, weekend grilling, outdoor dinners, or simply having somewhere to sit and enjoy the peace and privacy of your own land taking in the sounds of rural Virginia living.
Built in 2022 and lovingly maintained by its original owner, this is an opportunity to get into a nearly new home with acreage without taking on a major renovation project.
And the location makes it even better. Head toward Culpeper for shopping, dining, and small-town charm, or toward Charlottesville for work, entertainment, and everything the city has to offer. Spend your weekends exploring popular and renowned local wineries, hiking in Shenandoah National Park, discovering small-town shops and restaurants, or simply enjoying more space and a slower pace at home.
If you've been searching for a move-in ready home with land in Madison County, VA, this one deserves a closer look!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017