120 Cambridge St, Fredericksburg, VA, 22405
About This Home
Route 1 Road Frontage! Prime 3,049 sq ft lot in the heart of Fredericksburg is perfect for redevelopment. Zoned residential with potential for commercial use, this versatile property offers endless possibilities. Ideally located on Cambridge Street, just minutes from historic downtown, shopping, dining, and major commuter routes. A rare opportunity to create your vision in a sought-after area! Great investor opportunity! The value is in the land! Please contact the listing agent to see the property.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1993
Materials
- Foundation: Other
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Post & Beam
- Property subType: Single Family Residence
Interior
Basement
- Area: 0
Features
- Other
- Finished area below ground: 0
- Finished area above ground: 0
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 0
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 53D 1 4
- Zoning: R1
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 3,049 sqft
- Features: Suburban
Parking
- Parking features: Gravel,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $758 | $9,096 |
| Home Insurance * | $42 | $504 |
| Property Taxes | $114 | $1,368 |
| Electricity | $202 | $2,433 |
| Total | $1,116 | $13,392 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-15 | Listed for sale | $150,000 |
| 2025-09-06 | Listing removed | $150,000 |
| 2025-03-31 | Price change | $150,000 |
| 2025-01-16 | Price change | $170,000 |
| 2024-12-19 | Price change | $175,000 |
| 2024-09-05 | Price change | $185,000 |
| 2024-08-22 | Listed for sale | $205,000 |
| 2016-04-26 | Sold | $35,000 |
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