9408 OLD WATERLOO ROAD
About This Property
The inviting living room features a wood-burning fireplace and a charming bay window that fills the space with natural light. The updated kitchen is thoughtfully designed with quartz countertops, new stainless steel appliances, modern black hardware, and a sleek subway tile backsplash. A delightful eat-in dining/breakfast nook just off the kitchen is surrounded by windows and anchored by a glass-paneled door, offering seamless indoor-outdoor living and tranquil views of the surrounding landscape. Three generously sized bedrooms and a stylishly renovated bathroom with a new vanity, mirror, tile, and flooring complete the main level.
The lower level provides a versatile rec room, additional lounge area, laundry area with newer full-size washer and dryer, utility room and additional storage, with potential to expand into additional living areas, along with direct access to the outdoors. Step outside and experience your own private oasis featuring a peaceful fenced yard backing to woods, charming chicken coop, mature fruit and nut trees, and expansive open land perfect for gardening, recreation, relaxing, entertaining, stargazing, or even camping in your own private setting. Generous driveway provides ample parking and adds to the ease and functionality of this exceptional property.
Conveniently located approx 6 miles from Old Town Warrenton, with easy access to shopping, dining, and everyday conveniences. Enjoy nearby destinations such as Shenandoah National Park, Skyline Drive, Luray Caverns, local wineries, and scenic trails. Equestrian enthusiasts will appreciate the proximity to Warrenton Hunt and Old Dominion Hounds. Commuters will love the easy access to Warrenton, Marshall, Culpeper, and major routes including Rt. 66, Rt. 211, and Leeds Manor Road.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Price Decreased |
$497,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by EXP Realty, LLC | $517,000 | |
| Listed by EXP Realty, LLC | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017