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    407 Ferry Landing Dr Boydton, VA 23917

    View on Map
    Sponsored
    For Sale
    $689,900

    Ranch - Boydton, VA

    Type:Ranch
    Property size:
    3,140 SF
    Days on Market:
    2
    Last Refresh:
    Mar 20 at 7:06 am

    Property Features for 407 Ferry Landing Dr

    General Information

    Property type
    Residential
    Property subtype
    Ranch
    Standard status
    Active
    Zoning
    R1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    5
    APN
    37187
    Parking
    2
    Parking features
    Garage, Garage - Attached
    Interior features
    1st Floor Bedroom, 1st Floor Laundry, 1st Floor Primary Bedroom, Electric Dryer Hook-up, Office/Study, Walk-in Closet(s), Washer Hookup
    Exterior features
    2-5 Acres
    Fireplace
    1
    Appliances
    Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    3,140 SF

    Utilities

    Utilities
    Electricity Available
    Heating system
    Central, Fireplace(s), Heat Pump (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2026
    Flooring type
    Tile, Vinyl
    Roof type
    Metal, Other
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Kathleen McKone
    Kathleen McKone

    KW Allegiance (757) 530-9500

    Listing agent Kathleen McKone (757) 530-9500

    Listing date Mar 19, 2026

    MLS# 72898 Listing URL

    Copyright © 2026 Southern Piedmont Land & Lake Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Ranch Home Near Lake

    This new construction farmhouse-style ranch home offers space and functionality. The open foyer leads into the family room, kitchen, and dining area, creating a central living space. A large pantry provides generous storage, and an office overlooks the family room. The layout features a split-bedroom design, with the primary bedroom on one side of the home and three additional bedrooms on the other. An attached three-car garage adds extra space for vehicles, equipment, or storage. The property is situated in Boydton near Lake Gaston, a destination known for boating, fishing, and outdoor recreation. The property size is 3140 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Auto Repair Shop Department Store Pharmacy Cafe & Coffee Shop Daycare Center Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boydton
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.3793
    Latitude
    36.658

    Nearby Similar for Sale

    • New
      $689,900
      3,140 SF

      New Farmhouse-Style Ranch Home

      Spacious new construction ranch near Lake Gaston with three-car garage.
      539 Ferry Landing Dr, Boydton, VA 23917
      View Details
    • $339,900
      1,358 SF

      New Ranch Home in Boydton, VA

      New 3-bedroom, 2-bath home on 2.23 acres near lake.
      209 White Oak Ct, Boydton, VA 23917
      View Details
    • $210,000
      Pending

      Two Homes on 20 Acres

      Two livable homes on 20 acres in Boydton, Virginia.
      1852 Hwy 92, Boydton, VA 23917
      View Details

    FAQs

    What type of property is this?
    Ranch - Farmhouse-style new construction ranch near Lake Gaston in Boydton, VA.
    Where is this ranch located?
    The property is located at 407 Ferry Landing Dr Boydton, VA.
    What is the asking price?
    The asking price for this property is $689,900.
    What are key features of this property?
    This property features: - New construction farmhouse-style ranch home (built in 2026).; - Located near Lake Gaston, a destination for boating, fishing, and outdoor recreation.; - Three-car attached garage.
    (757) 951-7976
    Request Owner's contact information
    407 Ferry Landing Dr Boydton, VA 23917
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    Boydton, VA 23917
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    407 Ferry Landing Dr Boydton, VA 23917
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    We can help!
    Listing Contact
    Kathleen McKone
    Kathleen McKone
    Real Estate License ID: 0225219347
    (757) 951-7976 (757) 530-9500 (757) 223-9555
    Learn more
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