Category Archives: Price

448 lake caroline waterfront ruther glen va 22546

448 Lake Caroline Dr, WATERFRONT in Ruther Glen VA 22546 Offered for Sale at $439,000 by Licata Group EXP Realty LLC!

Waterfront escape on a double lot. Perfect for the weekend getaway on the lake. Relax on the front porch with a cup of Joe in the morning and plan out your day at the lake. The open floor plan provides ample space for entertaining inside and plenty of space outside for any large event. Easy access to the home along with plenty of storage options for your aqua toys, and a fenced-in portion for Fido makes this the perfect weekend getaway. Bring your boat and keep it on your dock. The house has hardwood floors and a great fireplace to create the perfect lake house environment.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

1120 Lakeview Pkwy, Lake of the Woods Virginia Offered for Sale at $459,900 by Licata Group EXP Real Estate Advisors!

1120 lakeview pkwy, lake of the woods virginia home for sale
1120 lakeview pkwy, lake of the woods virginia home for sale

Welcome to 1120 Lakeview Parkway, where you’ll be wowed by the fine features of this immaculately kept home! Gleaming hardwood floors, updated kitchen and baths, huge loft and 4th bedroom/flex space make this one the one! Boasting an open floorplan of 2700+ sq ft of expansive rooms, entertaining or simply living with ease is a breeze! The upper-level space offers endless possibilities; craft room, quilting, classroom, office, bedroom, and 2nd living area…what’s best for you? The wrap-around deck is perfect for enjoying your level backyard backing to trees for sought-after privacy. Is a workshop, studio, craft room, or more storage what you’re seeking? Look no further! The property conveys a storage loft in the garage and a large shed with electricity.

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550 acre main lake and a 35 acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteer your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Growing Your Passive Income Stream with Rental Properties 

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Here is a question I want you to ponder.

What is the shortest and most reliable route that you or anyone can use to change their financial destiny and arrive at a place of financial freedom? Depending on whom you ask, you will get answers like work hard and smart, have a great business idea, invent something, or save and invest.

While all these are valid answers, they may not always bring you to a life that is free of financial worries. Each method’s ability to reach the desired goal depends on how well it meets that one requirement which is the most important factor when trying to achieve a life of financial freedom.

What is the critical factor that serves as the basic foundation for wealth-building?

You can separate how much money you earn from how much effort you invest in the thing that makes you that money. When your income-earning ability is no longer limited to your physical labor, you free yourself from the constraints of your limited time and energy.

If you are committed to your goal of building wealth, the most important thing you can do for yourself is to become adept at identifying, managing, and maximizing opportunities that make it possible to consistently earn a lot of money without necessarily having to do a lot of work.

This kind of income is known as passive income.

person using MacBook Pro

Non-passive income sources depend on your physical presence and direct effort to make money. They stop yielding income as soon as you stop contributing your physical presence or energy. Their income-earning ability is limited to how many man-hours you invest.

But how many hours do you think you would need to work to be able to earn up to one million dollars in a single year? The answer to that question will tell you why non-passive income sources are not the recommended path for pursuing wealth.

How can you get started with earning passive income?

Passive income through rental properties

Although there are several different ways to earn passive income, Keyrenter Hampton Roads advises the best one is putting your money into income-generating real estate, and rental properties. Why is owning rental properties a better source of passive income than investing in stock or bonds?

  • Steady and substantial income
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Both real estate and stocks can serve as sources of passive income. But rental properties are better because the income is more predictable than stocks. As a landlord, you often know how much rental income to expect and when to expect it.

  • A hedge against inflation

Unlike stocks, income from a rental property keeps pace with the rate of inflation. This is because as inflation forces the prices of goods and services upward, so the rental rate for your property is also pushed higher.

  • Tax advantages

Real estate offers tax incentives that are not available when investing in other asset classes. These tax deductions can be made from the everyday expenses of operating the property. They offer a way for landlords to increase their profits.

Strategies for earning passive income from rental properties

To make money from real estate, you must understand the following things about rental properties:

  • Types of rental properties

There are two kinds of rental properties – commercial and residential – and within these two broad categories, there are several sub-categories. Before you buy any property, make sure you understand the different types of rental properties.

  • Location

The most important factor in the performance of a property is its location. The neighborhood where a rental is located is a bigger factor than the physical qualities of the property. Learn how to evaluate the viability of different locations before you invest.

  • Leverage
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Your ability to get approved for a loan and negotiate the best terms is critical to your success. The cost of capital is a huge factor in how much passive income you earn from your property. If you don’t know much about this, hire a mortgage broker.

  • Know your numbers

Before you buy a property, find out the potential income from the property (based on the rental rate) and your projected operational costs. Take the time to look at numbers like the vacancy rate for the property or similar properties in the area.

  • Hire a property manager

Finally, you should know that real estate is not entirely a passive investment like stocks. Managing a rental property requires a lot of time and expertise. But there is a simple way to get around this problem and make the asset passive; you can hire a property manager.

Hiring a property manager to oversee your rental property is what transforms it from a non-passive form of investment into a source of passive income. A property manager takes on the responsibility of making the rental property work in exchange for a share of the profits.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

6307 chaucer view cir, alexandria va

6307 Chaucer View Cir, Alexandria Virginia Offered for Sale at $800,000 by Licata Group EXP Real Estate Professionals!

Welcome to 6307 Chaucer View Circle, located in private, exclusive Landmark Mews. Close to everything you want and a commuter’s dream location for DC and all the surrounding Fairfax County locations, this quality-built 4 bedroom, 4 level townhome boasts 3 full and 2 half bathrooms. Offering more than 3200 finished sq ft, you’ll be impressed by the generously sized rooms, open spaces, and hardwood floors in the living and dining areas. The expansive primary bedroom with ensuite bath is almost the same size as the bonus 4th bedroom/loft (17′ x 30′), which also boasts a full bathroom. The private backyard and deck will become a favorite place to unwind or to gather with friends! When getting out and about is a necessity, you’ll love the proximity to I-395, the Van Dorn Metro, gorgeous parks, grocery stores, restaurants, and incredible shopping options (from Springfield Mall to Tysons Corner to Tanger Outlets National Harbor).

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

3927 lakeview pkwy, lake of the woods virginia home for sale

3927 Lakeview Pkwy, Lake of the Woods Virginia 22508 UNDER CONTRACT! by Licata Group EXP Real Estate Advisors LLC!

Welcome to 3927 Lakeview Pkwy! You’ll be wowed the moment you enter by gleaming hardwood floors, light-filled rooms, and a spacious, open floor plan. The chef’s kitchen will make hosting your friends and family a breeze. The expansive back deck serves as an additional entertaining area, with access off the kitchen. The generous-sized primary suite with ensuite bath will be the perfect place to retreat at the end of a long day. Two additional bedrooms and a full bath complete this beautiful home. Enjoy gardening or relaxing in your backyard that feels like a park-like setting.

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550-acre main lake and a 35-acre “fishing lake”), a golf course, an equestrian center, a fire and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteer your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

405 Constitution Blvd, Lake of the Woods VA Home

405 Constitution Blvd, Lake of the Woods Virginia 22508 Offered for Sale at $399,900 by Licata Group EXP Real Estate Advisors!

Welcome to meticulously maintained 405 Constitution Blvd, located approximately halfway between the front and back gates for ease! As you arrive, you’ll immediately notice the well-manicured lawn and landscaping. As you enter, you are greeted by gleaming hardwood floors welcoming you into the heart of the home. This open floor plan offers cathedral ceilings, expansive rooms, and loads of natural light. The primary suite provides room for a sitting area and has access to the wrap-around deck! And wait til you see the patio and shed with electricity and a workbench! The approved dog run also conveys! Start making memories in this one-level home that offers it all! Your wrap-around deck or patio will become a favorite relaxation spot overlooking the level lawn as we head into fall!

A private, gated, secured community, Lake of the Woods offers anything and everything you could possibly want. Home to two lakes (the 550-acre main lake and a 35-acre “fishing lake”), a golf course, an equestrian center, a fire, and rescue department, and a church all within the gates, Lake of the Woods simply has it all. Whether your passion is boating, water skiing, kayaking, golfing, horseback riding, or simply taking in the breathtaking views from the clubhouse while enjoying a fabulous meal, from your own deck or yard, or from one of the beaches, you won’t be disappointed! Perhaps you’d like a game of bridge or volunteer your time and talents…Lake of the Woods offers more than 60 clubs and/or organizations from which you may choose to become involved. Located in Orange County, we are fortunate to enjoy low real estate taxes. Coupled with home prices ranging from $200,000+ to over $2,000,000, Lake of the Woods is the perfect community for both full-time residents, as well as weekenders. But don’t take my word for it, please come see for yourself! I will gladly give you a tour of Lake of the Woods by boat and by car so that you may experience what’s to love in Lake of the Woods!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contact Pat Licata.

To see available Lake of the Woods properties, please visit our site.

market stats lake of the woods virginia 22508

August 2022 Lake of the Woods Monthly Market Statistics

In August, 32 homes were SOLD in Lake of the Woods.

2 sold below $250,000.00
5 sold between $250,000-299,999;
8 sold between $300-349,999;
6 sold between $350,000-399,999;
9 sold between $400-499,999;
2 sold between $500,000-$999,999;

28 Active/Coming Soon Listings for Sale
20 Homes Under Contract
216 Homes Sold since January 1, 2022.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

corn maze

Adventure the Corn Mazes Available at Liberty Mills Farm!

As summer has begun to wind down, the fall activities have started to arise! Did you know that Liberty Mills Farm offers the largest corn maze in Virginia at 34 acres?? Their maze consists of four separate trails perfect for spending the day adventuring through each or picking the best one to fit your group. The Story Maze is a quick 30-minute trail with story stations to help navigate your way. The Trivia Maze provides a medium, slightly more difficult trail, lasting approximately 45-60 minutes, and offers trivia based on the theme of the year. The Hole Punch Maze really takes it to the next level as this could take you 2-3 hours to find all 21 stations to get your card punched and also find the yummy ice cream along the way! The last and final maze is the Myster Maze with no maps, only you, your company, and a sense of adventure, the length of time varies greatly, however, plan to spend at least an hour here! The Corn Mazes will open for the season on Saturday, September 10th, 2022. Tickets for all the different corn mazes may be purchased here once Liberty Mills has opened the tickets for purchase. Liberty Mills Farm is located at 9166 Liberty Mills Rd, Somerset VA 22972.

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

The Christmas Store at Deep Roots Home and Garden Center is Coming on November 1st, 2022!

Starting Tuesday, November 1st, Deep Roots Home and Garden store turns into a Christmas store! They will carry Seasonal home and garden items as well as gifts, Christmas decor, and poinsettias, of course. Look out for Santa and his sleigh as they will feature a Calendar-of-Events for special craft opportunities. Follow Deep Roots Home and Garden on Facebook for updates! The Christmas store will be on from November 1st through December 24th from 9am to 7pm. Deep Roots is located at 28284 Constitution Hwy, Rhoadesville VA 22542 and you can email: info@deeprootshgc.com for additional information!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.

Deep Roots’ Fall Festival Just Around the Corner!

Deep Roots Home and Garden Center is a family-owned and operated business right in Orange County, Virginia. Located at: 28284 Constitution Hwy, Rhoadesville VA 22542 they are a full-line garden center and Purina feed dealer. Each year, they host a Fall Festival featuring local Vendors and Artists. There will be food and fun for the entire family, be sure to save the date for Saturday, September 24th from 8 am – 4 pm. Visit their Facebook here for more information!

Whether you’re looking for homes for sale in Lake of the Woods VA or Waterfront property in Virginia we are your Real Estate Advisors for Stafford, Fredericksburg, Spotsylvania, Locust Grove, Central Virginia, and Greater Virginia. Thinking of selling? In any market condition, “what is my home worth?” is the #1 question asked by homeowners. If you wish to sell your home, it needs to be sold for top dollar and in a timely manner. Pricing your home accurately, Pat will partner with you to make the selling process so much easier. Get started today by calling us at (540) 388-2541 or contacting Pat Licata.

To see available Lake of the Woods properties, please visit our site.