Neighborhood
4472 Drum Castle Ct, Virginia Beach, VA 23455
3 beds · 2 baths · 1,880 sq ft · Lot: 4,234 sq ft · Single Family Home · Last Sold: $265K in 2021 · Built: 1975
Est. Value:
$264K
Est. Rent:
$2.6K/month

4472 Drum Castle Ct Virginia Beach, VA 23455

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3 beds · 2 baths · 1,880 sq ft · Lot Size: 4,234 sq ft · Single Family Home · Witchduck
Est. Property Value: $263,685

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4472 Drum Castle Ct is in the Witchduck neighborhood of Virginia Beach, VA. It is located in Virginia Beach city County and ZIP code 23455. This Single Family Home was built in 1975 and is approximately 50 years old. The single family home spans 1880 sq ft with 3 bedrooms and 2 bathrooms and sits on a 4234 sq ft lot. According to public records, it was last sold in 2021 for $265,000. The Witchduck area of Virginia Beach has 65 residential homes with an average size of 2263 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4472 Drum Castle Ct Virginia Beach, VA 23455 with Property Intel by Whitepages.

Investment Potential for 4472 Drum Castle Ct

The property has a current estimated value of $263,685, which is 36% below the neighborhood median, based on public records. It last sold on May 04, 2021 for $265K. Projected long-term
is $31,800 annually ($2,650 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$31,800 per year($2,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 23455 zip code
 
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Owners & Occupancy for 4472 Drum Castle Ct

This property is owned by Michelle Leigh Flor. Owner contact information includes 2 phone numbers and 4 email addresses.

Property Owners

Residence******************
Landline(757) 460-3330
Distance from Property**********
Email Address***********@yahoo.comView Email

Property Ownership Information

Purchase DateMay 04, 2021
Property Tax Amount$2,660 in 2023
Purchase Price$265,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 36
Resident 2*****************

Property Details for 4472 Drum Castle Ct

Property Details

Property Sq Ft

Living Area

1,880 sq ft

17% below market

Lot Size

4,234 sq ft

85% below market

Price Per Sq Ft

Living Area

$140 / sq ft

27% below market

Lot Size Area

$62 / sq ft

160% above market

Property condition, age, exterior, etc. for 4472 Drum …
Longitude: -76.128842 Latitude: 36.873234 Parcel Number (APN): 147-866-41510-000…
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Market Benchmarks

Compare data for 4472 Drum Castle Ct in Virginia Beach city County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$263,685
$328,386
-$64,700 (-20%)
$493,383
-$171,199 (-35%)
YoY Price Change
2.23%
151%
Year Built
1975
1981
-6 years
Living Space
1,880 sq ft
1,582 sq ft
298 (19%)
$ Per Living Sq Ft
$140
$203
-$62 (-31%)
Lot Size
4,234 sq ft
13,939 sq ft
-9705 (-70%)
$ Per Lot Sq Ft
$62
$33
$30 (90%)

Net Operating Income
$15,641
$7,313 (47%)
Annual Revenue
$31,800
$22,200
$9,600 (43%)
$6,543
$2,303 (35%)
Net Operating Income
$15,641
$7,313 (47%)
Cap Rate
4.49%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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