Neighborhood
16856 Winston Ln, Woodbridge, VA 22191
3 beds · 3 baths · 2,366 sq ft · Lot: 1,725 sq ft · Single Family Home · Last Sold: $238K in 2003 · Built: 1994
Est. Value:
$413K
Est. Rent:
$2.4K/month

16856 Winston Ln Woodbridge, VA 22191

3 beds · 3 baths · 2,366 sq ft · Lot Size: 1,725 sq ft · Single Family Home · Cherry Hill
Est. Property Value: $412,925

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16856 Winston Ln is in the Cherry Hill neighborhood of Woodbridge, VA. It is located in Prince William County and ZIP code 22191. This Single Family Home was built in 1994 and is approximately 31 years old. The single family home spans 2366 sq ft with 3 bedrooms and 3 bathrooms and sits on a 1725 sq ft lot. According to public records, it was last sold in 2003 for $237,500 and has a tax-assessed value of $393,300, which is $175 per sq ft. The Cherry Hill area of Woodbridge has 2035 residential homes with an average size of 2053 sq ft. Analyze and compare real estate investment strategies for properties like this home at 16856 Winston Ln Woodbridge, VA 22191 with Property Intel by Whitepages.

Investment Potential for 16856 Winston Ln

The property has a current estimated value of $412,925, which is 18% below the neighborhood median, based on public records. It last sold on October 16, 2003 for $238K. Projected long-term
is $28,800 annually ($2,400 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 22191 zip code
 
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Owners & Occupancy for 16856 Winston Ln

No contact information is available.

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 33
Resident 2*****************

Property Details for 16856 Winston Ln

Property Details

Property Sq Ft

Living Area

2,366 sq ft

15% above market

Lot Size

1,725 sq ft

19% below market

Price Per Sq Ft

Living Area

$175 / sq ft

25% below market

Lot Size Area

$239 / sq ft

3% above market

Property condition, age, exterior, etc. for 16856 Wins…
Longitude: -77.296305 Latitude: 38.587239 Parcel Number (APN): 8289-79-0017…
Mortgage originated on through lender: Prosperity Mtg Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 16856 Winston Ln in Prince William County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$412,925
$325,911
$87,014 (27%)
$480,480
$108,279 (23%)
YoY Price Change
2.23%
-51%
Year Built
1994
1981
13 years
Living Space
2,366 sq ft
1,583 sq ft
783 (49%)
$ Per Living Sq Ft
$175
$201
-$27 (-13%)
Lot Size
1,725 sq ft
13,939 sq ft
-12214 (-88%)
$ Per Lot Sq Ft
$239
$33
$207 (635%)

Net Operating Income
$21,817
-$3,962 (-18%)
Annual Revenue
$28,800
$30,000
-$1,200 (-4%)
$7,797
$3,148 (40%)
Net Operating Income
$21,817
-$3,962 (-18%)
Cap Rate
6.36%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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