9351 CREST HILL RD
About This Property
Shenandoah Mountains. Minutes to I66, 45 minutes from DC, 2 miles from quaint downtown Marshall; with wonderful restaurants and cute shops, in the heart of VA wine country. Large gourmet kitchen, great
layout retaining old country charm with modern electric, plumbing, windows, HVAC, and High Speed
Internet. 5 stall horse barn with plenty of space to store equipment along with a 3 bay open garage.
Ample parking, 11 acres of pasture, with 32x16 run in shed, water lines to both paddocks and barn, fresh
water spring, currently in land use. Come enjoy the serene quiet countryside, while retaining all modern
conveniences.
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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%.
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Cottage Street Realty LLC | $999,000 | |
| Listed by Cottage Street Realty LLC | |||
| Sep 18, 2020 | No longer available | - | |
| No longer available | |||
| Jun 15, 2020 | Listed | $850,000 | |
| Listed | |||
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Charming, cottage-style horse farm within commuting distance to DC and a short three minute drive to I-66 junction. Three bedroom, two full bath house sits on 15 pristine acres surrounded by woods and completely enclosed with three-plank fencing. Relax on the patio area and take in breath-taking sunsets and mountain views while enjoying the small spring-fed duck/koi pond and lush landscape of the quiet, peaceful, park-like yard. But make no mistake, living in the country-side does not mean total seclusion! The town of Marshall is just a five minute drive away and has everything to meet your immediate needs: grocery store, banks, churches, salons, gas stations, physician and dentist offices, antique stores, and several great restaurants, including everyone's favorite Red Truck Bakery! L-shaped barn has four stalls (one foaling-stall), hay loft, tractor/farm equipment stall, feed room, tack room, water spigot, electricity and an adjoining three-bay garage. Eleven acres of well-maintained pasture comprised of four separate paddocks contain a spring-fed stream, water spigots, and large run-in shed. Other note-worthy aspects ofthe house and property include air-conditioning, fire-places, wood stove, HIGH-SPEED INTERNET, attic, and a dry, partially-finished basement. The manager has listed the unit size as 3062 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017