4208 S Virginia Dare Trail, Nags Head, NC 27959 (MLS # 99631)
Very popular vacation rental property, with great 2017 rental gross rental income of $109,000, $93,000 owners income, creating a lucrative 11.6% rental income ratio. True positive cash flow property!! Sturdy and high & dry, this "Casino Ridge" Semi-Oceanfront home offers superior wide open Ocean Views, a comfortable, well designed floorplan, with 8 bedroom, 8 full baths, 3 half baths, rec room, private pool, and ample decking. Bright open floorplan, wide open great room, with all the modern features, while enjoying the Historic Old Nags Head atmosphere. This home offers much better than average Semi-Oceanfront views, due to the higher elevation of the home, and the wide lots in this area, providing great ocean views from two levels. (Not subject to your typical tight row 50' wide oceanfront lots , large oceanfront homes, or hotel view obstructions) Features include all master bedrooms, oak hardwood floors in great room, hallways, and several bedrooms, oak stair treads, solid pine interior doors, tile flooring in kitchen and all baths, open bright great room, rec room with pool table & wet bar, all 8 master bedrooms, nice pool area with Tiki Bar, and extra wide decks on two levels, to spread out and soak in the views. Wider than your average 50' width home and lot. All in convenient and historical Nags Head location, walking distance to Jockey's Ridge and several restaurants and shops, utilizing the NH bike path if desired. This home is a fan favorite, easy to own, with proven rentals on the books! Secure this large, quality, great Ocean View property now, while interest rates are low.
|DAYS ON MARKET||4||LAST UPDATED||3/13/2018|
|TRACT||Old Hotel Lots||YEAR BUILT||2001|
|COMMUNITY||Nags Head between hwys||COUNTY||Dare|
|STATUS||Active||PROPERTY TYPE(S)||Single Family|
|AIR||Central, Heat Pump|
|APPLIANCES||2nd Dishwa, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer|
|AREA||Nags Head between hwys|
|BASEMENT||FND: Piling, Slab|
|EXTERIOR||Cement Fiber Board, Covered Decks, Siding: Lap Siding, Sun Deck|
|HEAT||Central, Heat Pump|
|INTERIOR||9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Floors: Carpet, Gas FCeiling Fan(s), Hardwood, Tiki Bar, Tile, Vinyl, Wood|
|LOT DESCRIPTION||Outside Shower|
|LOT DIMENSIONS||50 x 250|
|POOL DESCRIPTION||In Ground,Private Pool|
|STYLE||Coastal, Reverse Floor Plan|
|SUBDIVISION||Old Hotel Lots|
|UTILITIES||Municipal; Private Septic;|
|WATERFRONT DESCRIPTION||Semi-Oceanfront (2nd row)|
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Listing provided by Mark Massey, Resort Realty - KH
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