Zip Code
5608 Morris Neck Rd, Virginia Beach, VA 23457
2 beds · 1 bath · 852 sq ft · Lot: 65,340 sq ft · Single Family Home · Built: 1940
Est. Rent:
$2K/month

5608 Morris Neck Rd Virginia Beach, VA 23457

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2 beds · 1 bath · 852 sq ft · Lot Size: 65,340 sq ft · Single Family Home

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5608 Morris Neck 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 1940 and is approximately 85 years old. The single family home spans 852 sq ft with 2 bedrooms and 1 bathroom and sits on a 65340 sq ft lot. According to public records, it has a tax-assessed value of $236,700. Analyze and compare real estate investment strategies for properties like this home at 5608 Morris Neck Rd Virginia Beach, VA 23457 with Property Intel by Whitepages.

Investment Potential for 5608 Morris Neck Rd

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 23457 zip code
 
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Owners & Occupancy for 5608 Morris Neck Rd

This property is owned by Melvin L Brockett. Owner contact information includes 4 phone numbers and 3 email addresses.

Property Owners

Residence******************
Landline(757) 430-2164
Distance from Property**********
Email Address**********@gmail.comView Email

Property Ownership Information

Property Tax Amount$2,296 in 2024

Occupancy

Resident 1********************* age 31
Resident 2****************

Property Details for 5608 Morris Neck Rd

Property Details

Property Sq Ft

Living Area

852 sq ft

29% below market

Lot Size

65,340 sq ft

4% below market

Property condition, age, exterior, etc. for 5608 Morri…
Longitude: -76.021187 Latitude: 36.603255 Parcel Number (APN): 231-808-56150-000…
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Market Benchmarks

Compare data for 5608 Morris Neck 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
YoY Price Change
Year Built
1940
1963
-23 years
Living Space
852 sq ft
1,140 sq ft
-288 (-25%)
$ Per Living Sq Ft
Lot Size
65,340 sq ft
11,769 sq ft
53571 (455%)
$ Per Lot Sq Ft

Net Operating Income
$20,534
-$2,070 (-10%)
Annual Revenue
$24,000
$25,800
-$1,800 (-7%)
$5,362
$174 (3%)
Net Operating Income
$20,534
-$2,070 (-10%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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