124 Oakcrest Cir · Bristol, VA 24201

$1,250

2 bd · 1.5 ba · 1,074 sqft · SingleFamily · 25 Days on market

Built 1985 $1/sqft · 99% below area

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.2/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

Key facts

• Modern updates
• Turnkey convenience
• Newly renovated

Tags

• NEWLY RENOVATED
• MODERN UPDATES
• TURNKEY CONVENIENCE
• THOUGHTFULLY UPDATED INTERIOR
• OPEN LIVING AND DINING AREAS
• FULLY EQUIPPED KITCHEN

Property features AI

Finance

• HOA & community: Community pool

Exterior

• Parking: Concrete parking
• Utilities: Public water; Public sewer
• Home design: Townhouse with two levels; Residential property
• Construction: Brick and vinyl siding construction
• Exterior features: Shingle roof; Pool in the community

Interior

• Bathrooms: One full bathroom; One half bathroom
• Interior features: Central heating and central air conditioning

🏷️ Possibly a rental listed for sale. The $1,250 price doesn't fit this home's estimated sale value (~$163,119) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $1k.

Deal economics

• At list price, monthly cash flow is $944 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1k).
• Recommended offer: $1k (1.5% below list) — sets the bar for market timing.
• Cap rate 912.5% vs local median 4.9% in Bristol — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#140 in VA, #4,544 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, commute F, employment F.
• Bristol City Public School District (urban): math 57% / reading 70% proficiency, ranked #53 of 131 in VA (top 40%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Joseph Van Pelt Elementary (math 67% / reading 72%, grade A-, #313 of 1,108 statewide, top 32%, 417 students, 101% FRL); Virginia Middle (math 56% / reading 71%, grade B+, #128 of 342 statewide, top 39%, 487 students, 101% FRL); Virginia High (math 62% / reading 77%, grade B, #159 of 319 statewide, top 53%, 637 students, 100% FRL) — zoned schools average 101% FRL vs 58% district-wide (43 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 156 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 15 units permitted in Bristol city in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $8 of loan paydown is wiped out by about $38 of value loss. Plan a longer hold.
• Bristol County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $350 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($1k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $1,231 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 96.47% ✓
• Cap rate: 912.50%
• Cash-on-cash: 3236.46%
• DSCR: 145.00
• GRM: 0.1

CMA / ARV

• ARV (median comp): $163,119
• List price: $1,250
• Delta: -99.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
124 Oakcrest Cir	0.00mi	2/1.5	1,074 (0%)	1mo	$1,250	$1	100
189 Oakcrest Cir #5	0.07mi	2/1.5	1,044 (-3%)	23mo	$105,000	$101	73
225 Oakcrest Cir	0.11mi	2/1.5	1,044 (-3%)	23mo	$135,000	$129	71
559 Beaverview Dr	0.36mi	3/2.0 (+1)	1,088 (+1%)	14mo	$166,500	$153	62
243 Sapling Grove Ct	0.63mi	2/2.0	1,172 (+9%)	0mo	$184,700	$158	53
259 Sapling Grove Ct	0.62mi	2/2.0	1,172 (+9%)	2mo	$205,000	$175	53
258 Cheyenne Rd	0.63mi	2/1.0	1,217 (+13%)	2mo	$202,000	$166	45
181 Reedy St	0.60mi	3/1.0 (+1)	932 (-13%)	2mo	$155,000	$166	41
214 Roo Pl	0.59mi	2/2.0	1,220 (+14%)	16mo	$212,000	$174	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 172.25×
• Total profit: $59,937
• Equity at exit: $186

10-year hold

• IRR: —
• Equity multiple: 371.52×
• Total profit: $129,683
• Equity at exit: $108

Cash invested: $350 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 24201

• Active inventory: 156
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $1,206 high
• Mortgage (P&I): −$7
• Tax est. 1.5%: −$2 /mo · $19/yr
• Insurance: −$1
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $944

Break-even live

Break-even rent $11

Max offer price $1,250

Occupancy floor 17%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $312
• Closing costs: $38
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1225 Carriage Cir #203 Bristol, VA	2.0	2.0	968	$1,150	$1.19	13d	1	0.76mi
1740 Bonham Rd Unit 1716-5 Bristol, VA	2.0	1.5	1000	$1,100	$1.10	13d	1	1.08mi
1740 Bonham Rd Unit 1716-2 Bristol, VA	2.0	1.5	1100	$1,200	$1.09	43d	1	1.08mi
1733 Dunlap St Bristol, VA	3.0	1.0	900	$1,250	$1.39	13d	1	1.08mi
135 Kingsolver St Bristol, VA	2.0	1.0	1000	$1,400	$1.40	21d	1	1.40mi

Listing history 18 events

1. 2026-06-01
   days on market $1,250 Active 25 DOM
2. 2026-05-31
   days on market $1,250 Active 24 DOM
3. 2026-05-30
   days on market $1,250 Active 23 DOM
4. 2026-05-07
   listed $1,250 Active 1007-char remark
5. 2025-08-15
   soldstatus $1,200 Closed 1101-char remark

   Show marketing remark (1101 chars)

   Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

6. 2025-07-24
   status Active 1101-char remark

   Show marketing remark (1101 chars)

   Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

7. 2025-06-13
   price $154,000
8. 2025-06-01
   price $159,000
9. 2025-05-23
   historical 1101-char remark

   Show marketing remark (1101 chars)

   Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

10. 2025-02-13
    price $1,200 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

11. 2025-02-05
    price $1,350 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

12. 2025-01-27
    price $1,450 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

13. 2025-01-27
    price $1,650 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

14. 2025-01-27
    price $1,450 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

15. 2025-01-15
    listed $1,750 Active 1101-char remark

    Show marketing remark (1101 chars)

    Discover your next home at 124 Oakcrest Circle, a beautifully furnished and newly renovated 2-bedroom townhouse in the heart of Bristol, VA. This stunning property offers a blend of modern updates and turnkey convenience, making it perfect for renters seeking a stylish, move-in-ready space. Step inside to find a thoughtfully updated interior with fresh finishes throughout. The open living and dining areas are designed for comfort and functionality, while the fully equipped kitchen boasts modern appliances and ample storage. Upstairs, two spacious bedrooms provide the perfect retreat, each furnished with everything you need for a cozy and comfortable stay. Located in a peaceful neighborhood, this townhouse is close to local shops, dining, and all the charm of Bristol. For those looking to invest in their future, seller financing options are also available, offering a unique opportunity to transition from renter to homeowner. Don't miss out on this exceptional rental! Schedule your tour today and make 124 Oakcrest Circle your new address. Call Millie for more information [phone].

16. 2023-10-31
    soldstatus $104,985 Closed
17. 2023-10-12
    listed Active Under Contract
18. 2023-10-11
    listed $104,985

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,470
• − Mortgage interest: −$70
• − Property taxes: −$19
• − Insurance: −$6
• − Repairs & maintenance: −$1,158
• − Management: −$1,158
• − Depreciation: −$36
• Taxable income: $12,023
• Est. tax owed @ 24.0%: −$2,886
• After-tax cash flow: $8,442/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bristol City Public School District
• NCES district ID: 5100450
• Math proficiency: 57% ▼ -24.00%
• Reading proficiency: 70% ▼ -6.00%
• Median HH income: $33,978
• Composite: 52.4/100
• National rank: #1579
• State rank: #53 of 131 in VA

Livability — Bristol

• Score: 74/100
• State rank: #140
• US rank: #4544

Category grades

Amenities C+ Commute F Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bristol, VA
• City population: 16,039
• Population (ZIP): 16,039

Population outlook (Bristol County) Hauer SSP2

• Today (2025): 16,113 people
• By 2030: 15,510 · -3.7%
• By 2040: 14,121 · -12.4%
• By 2050: 12,847 · -20.3%
• By 2075: 9,870 · -38.7%
• By 2100: 7,883 · -51.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Black 7% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Slovak 4% Serbian 1% Iranian 0%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Bristol

• 2024 margin: Solid R (+39.7) · D 29.8% · R 69.5%
• 2008→2024 swing: -13.6pp toward R · 2008: -26.0pp · 2024: -39.7pp
• All cycles: 2024: R+39.7 2020: R+38.9 2016: R+43.8 2012: R+31.1 2008: R+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -206.40%
• Current HPI: 196.2099
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

-98.8% since first listed

16 events — show timeline

• 2026-06-01 Sold (MLS) $1,250 TVRMLS
• 2026-05-07 Listed $1,250 TVRMLS
• 2025-08-15 Sold (MLS) $1,200 TVRMLS
• 2025-07-24 Relisted — TVRMLS
• 2025-06-13 Price Changed $154,000 TVRMLS
• 2025-06-01 Price Changed $159,000 TVRMLS
• 2025-05-23 Delisted — TVRMLS
• 2025-02-13 Price Changed $1,200 TVRMLS
• 2025-02-05 Price Changed $1,350 TVRMLS
• 2025-01-27 Price Changed $1,450 TVRMLS
• 2025-01-27 Price Changed $1,650 TVRMLS
• 2025-01-27 Price Changed $1,450 TVRMLS
• 2025-01-15 Listed $1,750 TVRMLS
• 2023-10-31 Sold (MLS) $104,985 TVRMLS
• 2023-10-12 Listed — TVRMLS
• 2023-10-11 Listed $104,985 TVRMLS