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Home » 3110 E E OCEAN VIEW, NORFOLK, VA 23518

3110 E E OCEAN VIEW, NORFOLK, VA 23518

3110 E E OCEAN VIEW
Norfolk, VA 23518

$398,000

Sq. Ft.: 2,344
Type: Single Family Home
Listing #10138018
Live on the beach for free in your own beachfront cottage, while 3 other cottages pay your mortgage! Located west of Chix Beach and Little Creek Inlet, Oceanview Beach is a neighborhood of mixed new homes/old beach cottages a community featuring a spectacular beach overlooking the mouth of Chesapeake Bay. Perfect for swimming in shallow, warmer water with great fishing, crabbing, kayaking, sailing, kite surfing, & surfing among many water sports. Go for a run or walk anytime, lie out on the large sandy beach and soak up some rays, later visit nearby restaurants. Nearby Marinas and Yacht Club offers sailing regattas and sport fishing boats. This investment property features cap rate of 5.6% and net income of $2800 per month after expenses with your cottage available for your enjoyment or for Air B&B to increase your income when you're not there or build your dream beachfront home!
Property Features
Location Information
Neighborhood: OCEAN VIEW EAST
MLS Area: North Norfolk
Subdivision: OCEAN VIEW EAST
Interior Features
Water Heater: Electric
Separate Meters: Electric
Exterior Features
Style: Other
Is New Construction: No
Siding: Asbestos
Foundation: Crawl
Roof: Asphalt Shingle
Possession: SETTLE
Sewer: City/County
Water: City/County
Fencing: Partial
Zoning: R-12
School
Elementary School: Little Creek Elementary
Middle School: Azalea Gardens Middle
High School: Lake Taylor
Additional Information
Property Type: SFR
Property SubType: Simple
Property SubType 2: Multi Family Residential
Year Built: 1949
Status: Active
Disclosure: Disclosure Statement
Tax Amount: 4, 299


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Katie Zarpas
7576854400
katie@katiezarpas.com
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Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Map (Source: Mapbox), Mortgage Calculator (Source: iHomefinder), Schools (Source: GreatSchools), and Walk Score (Source: Walk Score).
REIN MLS data last updated at November 19, 2017 11:38 PM ET