Zip Code
5976 Fitztown Rd, Virginia Beach, VA 23457
5 beds · 3 baths · 3,912 sq ft · Lot: 121,663 sq ft · Single Family Home · Built: 1976
Est. Value:
$671K
Est. Rent:
$3.5K/month

5976 Fitztown Rd Virginia Beach, VA 23457

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5 beds · 3 baths · 3,912 sq ft · Lot Size: 121,663 sq ft · Single Family Home
Est. Property Value: $670,885

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5976 Fitztown 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 1976 and is approximately 49 years old. The single family home spans 3912 sq ft with 5 bedrooms and 3 bathrooms and sits on a 121663 sq ft lot. According to public records, it has a tax-assessed value of $729,800, which is $171 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5976 Fitztown Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 5976 Fitztown Rd

The property has a current estimated value of $670,885, which is 12% above the zip median. Projected long-term rental income is $42,000 annually ($3,500 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 5976 Fitztown Rd

This property is owned by Joseph W Freeman. Owner contact information includes 9 phone numbers and 3 email addresses.

Property Owners

Cell Phone(804) ***-****View Cell Phone
Residence******************
Landline(757) 721-5106
Distance from Property**********
Email Address**********@yahoo.comView Email

Property Ownership Information

Property Tax Amount$6,778 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 83
Resident 2**************** age 86

Property Details for 5976 Fitztown Rd

Property Details

Property Sq Ft

Living Area

3,912 sq ft

31% above market

Lot Size

121,663 sq ft

10% below market

Price Per Sq Ft

Living Area

$171 / sq ft

18% below market

Lot Size Area

$6 / sq ft

8% below market

Property condition, age, exterior, etc. for 5976 Fitzt…
Longitude: -76.030258 Latitude: 36.592488 Parcel Number (APN): 230-874-96560-000…
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Recommended Properties in 23457

Discover more single family homes near 5976 Fitztown 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 5976 Fitztown 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
$670,885
$532,064
$138,822 (26%)
$754,223
$305,300 (40%)
YoY Price Change
Year Built
1976
1989
-13 years
Living Space
3,912 sq ft
2,564 sq ft
1348 (53%)
$ Per Living Sq Ft
$171
$203
-$32 (-16%)
Lot Size
121,663 sq ft
14,593 sq ft
107070 (734%)
$ Per Lot Sq Ft
$6
$42
-$36 (-87%)

Net Operating Income
$23,576
$1,159 (5%)
Annual Revenue
$42,000
$36,000
$6,000 (17%)
$12,219
$5,046 (41%)
Net Operating Income
$23,576
$1,159 (5%)
Cap Rate
4.43%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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