Zip Code
4700 Blackwater Rd, Virginia Beach, VA 23457
2 beds · 1 bath · 2,240 sq ft · Lot: 40,685 sq ft · Single Family Home · Built: 1930
Est. Value:
$429K
Est. Rent:
$2.5K/month

4700 Blackwater Rd Virginia Beach, VA 23457

2 beds · 1 bath · 2,240 sq ft · Lot Size: 40,685 sq ft · Single Family Home
Est. Property Value: $428,639

High Demand Long-Term RentalOwned for 25 - 50 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

4700 Blackwater Rd is in the 23457 neighborhood of Virginia Beach, VA. It is located in Virginia Beach city County and ZIP code 23457. This Single Family Home was built in 1930 and is approximately 95 years old. The single family home spans 2240 sq ft with 2 bedrooms and 1 bathroom and sits on a 40685 sq ft lot. According to public records, it was last sold in 1978 and has a tax-assessed value of $239,000, which is $191 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4700 Blackwater Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 4700 Blackwater Rd

The property has a current estimated value of $428,639, which is 5% below the zip median, based on public records. It last sold on December 28, 1978. Projected long-term
is $29,400 annually ($2,450 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 4700 Blackwater Rd

No contact information is available.

Occupancy

Resident 1***********
Resident 2********************* age 30
Resident 3********************* age 34
Resident 4************ age 60
Resident 5****************
Resident 6******************** age 78

Property Details for 4700 Blackwater Rd

Property Details

Property Sq Ft

Living Area

2,240 sq ft

86% above market

Lot Size

40,685 sq ft

40% below market

Price Per Sq Ft

Living Area

$191 / sq ft

3% above market

Lot Size Area

$11 / sq ft

12% above market

Property condition, age, exterior, etc. for 4700 Black…
Longitude: -76.096427 Latitude: 36.644509 Parcel Number (APN): 148-083-01500-000…
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Recommended Properties in 23457

Discover more single family homes near 4700 Blackwater Rd in Virginia Beach, Virginia. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 4700 Blackwater Rd in Virginia Beach city County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$428,639
$228,331
$200,308 (88%)
$******
$349,730
$327,215 (94%)
YoY Price Change
****%
2.6%
-269%
Year Built
1930
1963
-33 years
Living Space
2,240 sq ft
1,140 sq ft
1100 (96%)
$ Per Living Sq Ft
$191
$188
$3 (2%)
Lot Size
40,685 sq ft
11,769 sq ft
28916 (246%)
$ Per Lot Sq Ft
$11
$34
-$24 (-69%)

Net Operating Income
$*****
$20,534
$1,819 (9%)
Annual Revenue
$29,400
$25,800
$3,600 (14%)
$****
$5,362
$1,685 (31%)
Net Operating Income
$*****
$20,534
$1,819 (9%)
Cap Rate
****%
8.01%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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