Zip Code
2000 Oakum Creek Dr, Virginia Bch, VA 23457
2 beds · 2 baths · 2,762 sq ft · Lot: 50,094 sq ft · Single Family Home · Last Sold: $505K in 2021 · Built: 1998
Est. Value:
$472K
Est. Rent:
$3K/month

2000 Oakum Creek Dr Virginia Bch, VA 23457

2 beds · 2 baths · 2,762 sq ft · Lot Size: 50,094 sq ft · Single Family Home
Est. Property Value: $471,940

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

2000 Oakum Creek Dr is in the 23457 neighborhood of Virginia Bch, VA. It is located in Virginia Beach city County and ZIP code 23457. This Single Family Home was built in 1998 and is approximately 27 years old. The single family home spans 2762 sq ft with 2 bedrooms and 2 bathrooms and sits on a 50094 sq ft lot. According to public records, it was last sold in 2021 for $505,000 and has a tax-assessed value of $545,400, which is $171 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2000 Oakum Creek Dr Virginia Bch, VA 23457 with Property Intel by Whitepages.

Investment Potential for 2000 Oakum Creek Dr

The property has a current estimated value of $471,940, which is 5% above the zip median, based on public records. It last sold on October 28, 2021 for $505K. Projected long-term
is $35,400 annually ($2,950 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 23457.

Long-Term

Gross Rental
$35,400 per year($2,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 2000 Oakum Creek Dr

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Details for 2000 Oakum Creek Dr

Property Details

Property Sq Ft

Living Area

2,762 sq ft

129% above market

Lot Size

50,094 sq ft

26% below market

Price Per Sq Ft

Living Area

$171 / sq ft

8% below market

Lot Size Area

$9 / sq ft

0% above market

Property condition, age, exterior, etc. for 2000 Oakum…
Longitude: -76.028878 Latitude: 36.602964 Parcel Number (APN): 230-888-24890-000…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Market Benchmarks

Compare data for 2000 Oakum Creek Dr 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
$471,940
$228,331
$243,609 (107%)
$349,730
$395,601 (113%)
YoY Price Change
2.6%
-250%
Year Built
1998
1963
35 years
Living Space
2,762 sq ft
1,140 sq ft
1622 (142%)
$ Per Living Sq Ft
$171
$188
-$17 (-9%)
Lot Size
50,094 sq ft
11,769 sq ft
38325 (326%)
$ Per Lot Sq Ft
$9
$34
-$25 (-73%)

Net Operating Income
$20,534
$1,408 (7%)
Annual Revenue
$35,400
$25,800
$9,600 (37%)
$5,362
$8,096 (151%)
Net Operating Income
$20,534
$1,408 (7%)
Cap Rate
8.01%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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