1932 Algonquin Trl · Newport News, VA 23185

$249,000

3 bd · 2.5 ba · 1,384 sqft · Townhouse public records · 4 Days on market

Built 2007 1,742 sqft lot Est $253k · at est. $157/mo HOA · 7% of rent

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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 +12.0/30.0
• ARV discount +8.3/15.0
• Schools +5.0/10.0
• Rent growth +3.8/5.0
• Livability +3.8/5.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for an affordable home in a fantastic Williamsburg location? Welcome to 1932 Algonquin Trail! This low-maintenance townhome offers incredible value with easy access to I-64, shopping, dining, healthcare, and everything Williamsburg has to offer. Enjoy a private backyard space, maintenance-free living, and the chance to make this home your own. Whether you're a first-time buyer, investor, downsizing, or looking for a smart purchase in a sought-after area, this home is packed with potential and priced accordingly. Great location, Private backyard, Low-maintenance exterior, Convenient to shopping, hospitals & interstate. Exceptional value at $249,000 Bring your vision and create instant equity in one of Williamsburg's most convenient locations. Opportunities at this price don't come along often!

Key facts

• Private backyard
• Easy access to i-64
• $157 HOA

Tags

• PRIVATE BACKYARD
• LOW-MAINTENANCE EXTERIOR
• CONVENIENT TO SHOPPING
• EASY ACCESS TO I-64

Property features AI

Finance

• HOA & community: HOA: Pocahontas Square; Association dues $157 monthly

Exterior

• Parking: Assigned/reserved parking
• Utilities: City/County water; City/County sewer; Electric water heater
• Home design: Attached townhouse; 2 stories; 2 living levels; Slab foundation
• Construction: Vinyl exterior siding; Asphalt shingle roof; Slab foundation
• Exterior features: Privacy fence; Vinyl siding

Interior

• Kitchen: Dishwasher; Disposal
• Bedrooms: Master bedroom; Additional bedroom
• Flooring: Carpet; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Forced hot air heating; Heat pump; Central air conditioning
• Interior features: Carpet and vinyl flooring; Utility room; Great room; Family room; Living room; Dining room
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $249k.

Deal economics

• At list price, monthly cash flow is $-59 ($-712/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (4.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (15.8% below list).
• Recommended offer: $210k (15.8% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.2% in Newport News — 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 75/100 on livability (#123 in VA, #4,018 nationally) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, housing A; Watch: crime F, commute F.
• Market conditions: Rents rising fast (+5.2%/yr); 389 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 358 units permitted in James City County in 2024 (24 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• James City County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y 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.
• Current owner paid $205k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,754 (15.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.84% ✗
• Cap rate: 6.01%
• Cash-on-cash: -1.02%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

• ARV (on-the-fly): $253,272
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1937 Algonquin Trl	0.02mi	3/2.5	1,392 (+1%)	2mo	$255,000	$183	96
1901 Algonquin Trl	0.11mi	3/2.5	1,550 (+12%)	2mo	$275,000	$177	73
1873 Ferrell Dr	0.09mi	3/1.5	1,206 (-13%)	3mo	$210,500	$175	68
2 Sparrow Ct	0.10mi	3/1.5	1,206 (-13%)	4mo	$190,513	$158	67
8 Sparrow Ct	0.10mi	3/1.5	1,206 (-13%)	4mo	$210,000	$174	66
2038 Genevieve Trl	0.27mi	3/1.5	1,220 (-12%)	0mo	$249,000	$204	63
1676 Skiffes Creek Cir	0.66mi	3/2.5	1,430 (+3%)	1mo	$285,000	$199	63
1664 Skiffes Creek Cir	0.67mi	3/2.5	1,430 (+3%)	3mo	$261,200	$183	61
1704 Skiffes Creek Cir	0.61mi	3/2.5	1,430 (+3%)	6mo	$264,000	$185	61
1736 Skiffes Creek Cir	0.60mi	3/2.5	1,430 (+3%)	8mo	$277,250	$194	60
1641 Skiffes Creek Cir	0.66mi	3/2.5	1,430 (+3%)	7mo	$265,000	$185	58
1653 Skiffes Creek Cir	0.65mi	2/1.5 (-1)	1,200 (-13%)	3mo	$220,000	$183	36

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 · 5.21% rent growth · sell at horizon

5-year hold

• IRR: -15.5%
• Equity multiple: 0.44×
• Total profit: $-39,334
• Equity at exit: $37,127

10-year hold

• IRR: -3.6%
• Equity multiple: 0.73×
• Total profit: $-18,536
• Equity at exit: $21,529

Cash invested: $69,720 (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 23185

• Rents YoY: 5.2%
• Active inventory: 389
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,098 high
• Mortgage (P&I): −$1,306
• Tax from tax record: −$150 /mo · $1,799/yr
• Insurance: −$104
• HOA: −$157
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $-59

Break-even live

Break-even rent $2,173

Max offer price $238,514

Occupancy floor 98%

Sensitivity live

Price	-10% $82	-5% $11	+0% $-59	+5% $-130	+10% $-200
Rent	-10% $-225	-5% $-142	+0% $-59	+5% $23	+10% $106
Rate	-1.0pp $66	-0.5pp $4	base $-59	+0.5pp $-124	+1.0pp $-190

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1932 Algonquin Trl Williamsburg, VA	3.0	2.5	1384	$2,195	$1.59	12d	1	0.02mi
9 Sidewinder Ct Williamsburg, VA	3.0	2.0	1170	$1,700	$1.45	3d	1	0.04mi
1879 Ferrell Dr Williamsburg, VA	3.0	1.5	1206	$1,850	$1.53	3d	1	0.07mi
1953 Algonquin Trl Williamsburg, VA	3.0	2.5	1384	$1,900	$1.37	21d	1	0.11mi
8539 Pocahontas Trl Unit 1 Williamsburg, VA	3.0	2.0	1350	$2,025	$1.50	3d	1	1.32mi

HOA detail

• Monthly dues: $157 · $1,884/yr

Listing history 3 events

1. 2026-06-21
   days on market $249,000 Active 4 DOM
2. 2026-06-17
   remarks 695-char remark

   Show marketing remark (817 chars)

   Looking for an affordable home in a fantastic Williamsburg location? Welcome to 1932 Algonquin Trail! This low-maintenance townhome offers incredible value with easy access to I-64, shopping, dining, healthcare, and everything Williamsburg has to offer. Enjoy a private backyard space, maintenance-free living, and the chance to make this home your own. Whether you're a first-time buyer, investor, downsizing, or looking for a smart purchase in a sought-after area, this home is packed with potential and priced accordingly. Great location, Private backyard, Low-maintenance exterior, Convenient to shopping, hospitals & interstate. Exceptional value at $249,000 Bring your vision and create instant equity in one of Williamsburg's most convenient locations. Opportunities at this price don't come along often!

3. 2026-06-17
   listed $249,000 Active 1 DOM

   Show marketing remark (817 chars)

   Looking for an affordable home in a fantastic Williamsburg location? Welcome to 1932 Algonquin Trail! This low-maintenance townhome offers incredible value with easy access to I-64, shopping, dining, healthcare, and everything Williamsburg has to offer. Enjoy a private backyard space, maintenance-free living, and the chance to make this home your own. Whether you're a first-time buyer, investor, downsizing, or looking for a smart purchase in a sought-after area, this home is packed with potential and priced accordingly. Great location, Private backyard, Low-maintenance exterior, Convenient to shopping, hospitals & interstate. Exceptional value at $249,000 Bring your vision and create instant equity in one of Williamsburg's most convenient locations. Opportunities at this price don't come along often!

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

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $1,799 · $150/mo
• Projected year-2 tax: $2,042 · $170/mo
• Expected delta: +$243/yr (+$20/mo · 13.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 17 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,170
• − Mortgage interest: −$13,948
• − Property taxes: −$1,799
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,014
• − Management: −$2,014
• − HOA: −$1,884
• − Depreciation: −$7,244
• Taxable loss: −$4,976
• Est. tax savings @ 24.0%: +$1,194
• After-tax cash flow: $482/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)

No district data.

Livability — Newport News

• Score: 75/100
• State rank: #123
• US rank: #4018

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Williamsburg City · 55,270 people
• City population: 178,950
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• Population (ZIP): 55,270
• Household income: $105,431
• Rent vs Own: 28.3% rent · 71.7% own
• Severe rent burden: 1770.0

Population outlook (James City County) Hauer SSP2

• Today (2025): 84,286 people
• By 2030: 89,687 · +6.4%
• By 2040: 99,580 · +18.1%
• By 2050: 108,487 · +28.7%
• By 2075: 128,950 · +53.0%
• By 2100: 138,702 · +64.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 14% Two or more races 9% Hispanic / Latino 8% Asian 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Slovak 3% Lithuanian 3% Romanian 3%
• Foreign-born: 8% · Canada, China, Vietnam
• Languages at home: 89% English-only · Spanish 5% Other Indo-European 1% Chinese 1%

Political lean MEDSL · James City

• 2024 margin: Lean D (+6.2) · D 52.5% · R 46.3% · Other 1.1%
• 2008→2024 swing: +15.5pp toward D · 2008: -9.2pp · 2024: 6.2pp
• All cycles: 2024: D+6.2 2020: D+4.8 2016: R+5.1 2012: R+12.1 2008: R+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -345.15%
• Current HPI: 240.1637
• Rent YoY: ▲ 5.21%
• Metro: Virginia Beach-Norfolk-Newport News, VA-NC
• 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

+51.6% since first listed

11 events — show timeline

• 2026-06-17 Listed $249,000 REINMLS
• 2026-06-17 Listed $249,000 WMLS
• 2026-06-12 Rental Removed $2,195 TURBOTENANT
• 2026-06-09 Listed for Rent $2,195 TURBOTENANT
• 2026-05-18 Rental Removed $2,195 TURBOTENANT
• 2026-05-16 Listed for Rent $2,195 TURBOTENANT
• 2022-09-26 Sold (Public Records) $205,000 Public Records
• 2022-09-02 Pending — REINMLS
• 2022-08-22 Contingent — REINMLS
• 2022-07-27 Listed $205,000 REINMLS
• 2007-07-02 Sold (Public Records) $164,277 Public Records

Property tax history

+3.6%/yr

Latest (2025): $1,799 · +6.4% YoY. Source: county tax records.