8701 S Old Oregon Inlet Road
Nags Head, NC 27959

$499,000

Beds: 4
Baths: 3
Sq. Ft.: 2,450
Listing #97936
The right opportunity to own an Ocean Front View at a Semi-Oceanfront price! Great location in Beautiful South Nags Head, where the beaches are wide and not crowded! This has always been a proven rental producer.*****DID $53,815.00 in 2016*******Should do OVER $55K by years end................ WOW A 10% RETURN!
Property Features
Location Information
County: Dare
MLS Area: S. N.H. East/Old Oregon R
Subdivision: Eighteen South
Directions: South Nags Head 18 Mile Post. 8701 South Old Oregon Inlet Rd. Turn left, unit is the first building on the left. UNIT A.
Interior Features
Interior: All Window Treatments, Dryer Connection, Walk in Closet, Washer Connection, Wet Bar
Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk
Heating: Central, Heat Pump
Cooling: Central, Heat Pump
Floors: Carpet, Tile
Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Furnishing Available: Yes
Exterior Features
Style: Reverse Floor Plan
Construction: Frame
Exterior: Shakes
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Community Septic
Water Access: Municipal
Has a Pool: yes
Pool Description: Fiberglass, Association Pool
Lot Faces: east
Lot Size in Acres: 0.056
Lot Size in Sq. Ft.: 2, 450
Road Description: Paved, Private
Waterfront Description: Semi-Oceanfront (2nd row)
View Description: Ocean
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Value: Total Assessed Value: 467, 900
Expenses: Insurance: 2100
Income: Current Year Gross Rental Income: 53812, Previous Year Gross Rental Income: 43500
Property Type: CND
Property SubType: Townhouse/Duplex/Attached
Year Built: 1985
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $499000
HOA Fee: 6, 600
HOA Fee: Yes
HOA Includes: Building Maintenance, Grounds Maintenance
Tax Year: 2017
Tax Amount: 2, 257.39
Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck


$ per month
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Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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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.
Seller's Representative: Bobby Williams, Joe Lamb, Jr & Associates
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Outer Banks data last updated at December 13, 2017 11:52 PM ET