1305 S VIRGINIA DARE TRAIL
KILL DEVIL HILLS, NC 27948

$3,725,000
1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948
Bedrooms: 16
Bathrooms: 9 full | 2 partial
Listing # 96954
Unbelievable rare investment opportunity. Don't miss these 3 adjoining oceanfront lots with 5 rental homes that are currently in a rental program, and 1 home that is not in a rental program but used by owners. You can keep them as they are or for highest and best use tear down or move the existing homes and replace them with three 18-20 bedroom weekly rentals for optimum rental income. Each of these homes should see a gross cap rate in excess of $450,000 annually. Let us show you a variety of house plans that have already proven to show the highest potential and give you a tour of some of these beautiful money makers. Taxes are for all three lots. A 2017 appraisal on file.

  • Features
  • Map
  • Mortgage Calculator
  • Schools
  • Walk Score

PROPERTY INFORMATION FOR 1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948

Location Information
County: Dare   MLS Area: Kill Devil Hills Oceanside  
Subdivision: Kill Devil Bch    

Interior Features
Heating: Central   Cooling: Central  
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer   Furnishing Available: Yes  

Exterior Features
Style: Bungalow   Construction: Frame, Wood  
Foundation: Piling   Water Access: Municipal  
Has a Pool: No   Lot Description: Beach Frontage, Water Frontage  
Lot Size in Acres: N/A   Road Description: Paved, Public  
Water Frontage: 150   Waterfront Description: Oceanfront  
View Description: Ocean    

Additional Information
Ownership: Owned More than 12 Months   Is Primary Residence: No  
Property Type: SFR   Property SubType: Single Family - Detached  
Year Built: 1940   Status: Active  
Is an REO: No   Is Short Sale: No  
Original Price: $3725000   HOA Fee: $0.00  
HOA Fee: No   Tax Year: 2016  
Tax Amount: $16, 588.70   Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Lighting  

MAP FOR 1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948
MORTGAGE CALCULATOR FOR 1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948
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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.



SCHOOL INFORMATION FOR 1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948
WALK SCORE FOR 1305 S VIRGINIA DARE TRAIL, KILL DEVIL HILLS, NC 27948


Seller's Representative: Jim Soles, Soles Realty OBX

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Outer Banks data last updated at September 25, 2017 5:53 AM ET
Rubert Wilson, III Broker
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