Neighborhood
1733 Bernstein Dr, Virginia Beach, VA 23454
4 beds · 2 baths · 1,756 sq ft · Lot: 5,257 sq ft · Single Family Home · Last Sold: $355K in 2020 · Built: 2000
Est. Value:
$404K
Est. Rent:
$2.5K/month

1733 Bernstein Dr Virginia Beach, VA 23454

4 beds · 2 baths · 1,756 sq ft · Lot Size: 5,257 sq ft · Single Family Home · Ocean Lakes
Est. Property Value: $403,975

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1733 Bernstein Dr is in the Ocean Lakes neighborhood of Virginia Beach, VA. It is located in Virginia Beach city County and ZIP code 23454. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 1756 sq ft with 4 bedrooms and 2 bathrooms and sits on a 5257 sq ft lot. According to public records, it was last sold in 2020 for $354,900 and has a tax-assessed value of $413,600, which is $230 per sq ft. The Ocean Lakes area of Virginia Beach has 5 residential homes with an average size of 2042 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1733 Bernstein Dr Virginia Beach, VA 23454 with Property Intel by Whitepages.

Investment Potential for 1733 Bernstein Dr

The property has a current estimated value of $403,975, which is 7% below the neighborhood median, based on public records. It last sold on July 29, 2020 for $355K. Projected long-term
is $30,000 annually ($2,500 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Ocean Lakes.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23454 zip code
 
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Owners & Occupancy for 1733 Bernstein Dr

No contact information is available.

Occupancy

Resident 1***************** age 36
Resident 2********************* age 36

Property Details for 1733 Bernstein Dr

Property Details

Property Sq Ft

Living Area

1,756 sq ft

14% below market

Lot Size

5,257 sq ft

48% below market

Price Per Sq Ft

Living Area

$230 / sq ft

12% above market

Lot Size Area

$77 / sq ft

76% above market

Property condition, age, exterior, etc. for 1733 Berns…
Longitude: -75.98673 Latitude: 36.776151 Parcel Number (APN): 241-581-98550-000…
Mortgage originated on through lender: United Wholesale Mtg for$******View Mortgage Details
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Recommended Properties in Ocean Lakes

Discover more single family homes near 1733 Bernstein Dr 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 1733 Bernstein Dr in Virginia Beach city County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$403,975
$532,064
-$128,088 (-24%)
$754,223
-$109,003 (-14%)
YoY Price Change
2.29%
-144%
Year Built
2000
1989
11 years
Living Space
1,756 sq ft
2,564 sq ft
-808 (-32%)
$ Per Living Sq Ft
$230
$203
$27 (13%)
Lot Size
5,257 sq ft
14,593 sq ft
-9336 (-64%)
$ Per Lot Sq Ft
$77
$42
$35 (85%)

Net Operating Income
$23,576
-$4,539 (-19%)
Annual Revenue
$30,000
$36,000
-$6,000 (-17%)
$12,219
-$1,256 (-10%)
Net Operating Income
$23,576
-$4,539 (-19%)
Cap Rate
4.43%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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