For SaleRisky Deal2 days on market
261 Merrifield Ln
261 Merrifield Ln, Winchester, VA 22602, Winchester, VA 22602
$2,200,000
Estimate®:$2,081,800
Listing Price
261 Merrifield Ln, Winchester, VA 22602
Loc: Winchester, VA
Days Listed
2
Tax Assessed
$1267k
Estimate®
$2082k
Market Rate
Lot Size
6.11 acres
Rent Estimate
$4,095/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
3
Orchard View Elementary School
PK-5
3.5 mi away
3
James Wood Middle School
6-8
2.2 mi away
6
James Wood High School
9-12
3.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial revivalbrick exteriordormer windowssteep pitched roofluxury estatelandscaped groundscircular drivewaymulti-gabledslate roofclassical entrancemature treesmanicured hedgesupscale suburbantwilight setting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.10%
Total ROI
-17.2%
Cash Flow
$-9,390/mo
DSCR
0.18
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-9,390/mo net cash flow with a 1.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Winchester, VA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $2,200,000 | $347 |
| 2023-01-30 | Sold | $1,325,000 | $209 |
| 2022-09-26 | Pending sale | $1,650,000 | $260 |
| 2022-09-06 | Listed for sale | $1,650,000 | $260 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,081.6 | $1,267,000 |
| 2024 | $5,441.19 | $1,066,900 |
| 2023 | $5,441.19 | $1,066,900 |
| 2022 | $2,770.93 | $908,500 |
| 2021 | $2,770.93 | $908,500 |
| 2020 | $5,058.12 | $829,200 |
| 2019 | $10,116.24 | $829,200 |
| 2018 | $4,761.05 | $780,500 |
| 2017 | $4,683 | $780,500 |
| 2016 | $4,486.2 | $747,700 |
| 2015 | $4,187.12 | $747,700 |
| 2014 | $2,090.79 | $708,500 |
| 2013 | $0 | $708,500 |
| 2012 | $0 | $714,800 |
| 2011 | $0 | $714,800 |
| 2010 | $0 | $794,300 |
| 2009 | $0 | $794,300 |
| 2008 | $0 | $898,500 |
| 2007 | $0 | $898,500 |
| 2006 | $0 | $946,500 |
| 2005 | $0 | $946,500 |
| 2003 | $0 | $690,600 |
| 2002 | $0 | $690,600 |
| 2001 | $0 | $690,600 |
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