530 Olde Greenwich Cir Fredericksburg, VA 22408

3 beds · 1 bath · 1,611 sq ft · Lot Size: 6,042 sq ft · Single Family Home · Lafayette Boulevard - South Route 1
Est. Property Value: $288,471

High Demand Long-Term RentalValued below Market MedianGood value per sqftOwned for 10 - 15 Years

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530 Olde Greenwich Cir is in the Lafayette Boulevard - South Route 1 neighborhood of Fredericksburg, VA. It is located in Spotsylvania County and ZIP code 22408. This Single Family Home was built in 1970 and is approximately 55 years old. The single family home spans 1611 sq ft with 3 bedrooms and 1 bathroom and sits on a 6042 sq ft lot. According to public records, it was last sold in 2012 for $98,000 and has a tax-assessed value of $210,500, which is $179 per sq ft. The Lafayette Boulevard - South Route 1 area of Fredericksburg has 16 residential homes with an average size of 1657 sq ft. Analyze and compare real estate investment strategies for properties like this home at 530 Olde Greenwich Cir Fredericksburg, VA 22408 with Property Intel by Whitepages.

Owners & Occupancy for 530 Olde Greenwich Cir

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1**************************** age 44
Resident 2**************** age 27

Investment Potential for 530 Olde Greenwich Cir

The property has a current estimated value of $288,471, which is 31% below the neighborhood median, based on public records. It last sold on July 26, 2012 for $98K. Projected long-term
is $24,000 annually ($2,000 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 22408 zip code
 
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Property Details for 530 Olde Greenwich Cir

Property Details

Property Sq Ft

Living Area

1,611 sq ft

3% below market

Lot Size

6,042 sq ft

50% below market

Price Per Sq Ft

Living Area

$179 / sq ft

30% below market

Lot Size Area

$48 / sq ft

51% above market

Property condition, age, exterior, etc. for 530 Olde G…
Longitude: -77.474918 Latitude: 38.269061 Parcel Number (APN): 24A3-24-…

Recommended Properties in Lafayette Boulevard - South Route 1

Discover more single family homes near 530 Olde Greenwich Cir in Fredericksburg, Virginia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 530 Olde Greenwich Cir in Spotsylvania County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$288,471
$305,383
-$16,913 (-6%)
$******
$451,663
-$115,779 (-26%)
YoY Price Change
****%
2.23%
39%
Year Built
1970
1981
-11 years
Living Space
1,611 sq ft
1,583 sq ft
28 (2%)
$ Per Living Sq Ft
$179
$190
-$11 (-6%)
Lot Size
6,042 sq ft
13,939 sq ft
-7897 (-57%)
$ Per Lot Sq Ft
$48
$21
$27 (131%)

Net Operating Income
$*****
$21,311
-$4,168 (-20%)
Annual Revenue
$24,000
$30,000
-$6,000 (-20%)
$****
$8,433
-$1,576 (-19%)
Net Operating Income
$*****
$21,311
-$4,168 (-20%)
Cap Rate
****%
6.77%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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