This 3-bed, 2-bath single-family home in New Market, VA shows promising rent potential, with estimates ranging from $1,695 to $1,850 monthly. At the current list price of $329,900, we're looking at a potential gross annual income of $20,340 to $22,200. The property's recent renovations, including a gourmet kitchen and updated bathrooms, are definite selling points for potential renters. However, the New Market area seems to have a relatively modest rental market, which could impact demand.
To maximize rental potential, consider marketing the property's recent upgrades and spacious lot. The fenced backyard could be a draw for families or pet owners. If selling, highlight the turnkey nature of the property due to recent renovations. For long-term value, explore adding popular amenities like a deck or patio to enhance outdoor living space. Keep an eye on local market trends to ensure competitive pricing.