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Buyers Category

Beach Houses as 401k Alternative to Stocks & Bonds

Lucky investors are tired of watching their retirement 401k accounts go no where. Not so lucky investors are tired of seeing these accounts shrink. Rental property can be a qualified investment for 401k funds. 2741 Sandpiper Road in Sandbridge, Va. is a great example of how attractive this can be. With an acquisition cost of $545,000 this beach house has positive cash flow of $34,000 per year. This is after operating expenses, insurance, real estate taxes are paid. This is...

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Money Saving Tips for Beach Home HVAC Units

Heat Pump condensing units take a beating when used in houses along the ocean. The heavy concentration of salt in the area is so corrosive that the expected life span of these units is dramatically shortened. There are a few simple things that homeowners can do to save big bucks on these costly units. Location, Location, Location. If at all possible don’t locate the condenser units on the North East or East side of the house. Nor’easters pound them and coat...

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Financial Buyer Best Choice: 2741 Sandpiper Road, Va. Beach, VA

This popular vacation rental cottage in Sandbridge has averaged $65,000 in gross annual rental income for the last 4 years. Listed at $545,000 this cottage provides an 8.2% cash on cash return on investment for buyers putting 25% down and borrowing the balance. Projected expenses are $31,000 per year based on the $65,000 average gross rental income. Own your own beach house and earn over 8% on your money. Prices in Sandbridge are at a point that appears to be the...

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3629 Sandfiddler Road – Oceanview Home – Price Reduced!

This beautiful recently remodeled & expanded home has been reduced from $639,000 to $599,000! Don't miss out on this great opportunity to enjoy this home in a great location. Only steps to the beach and great views of the Ocean and Bay from the top deck. Featuring 3 bedrooms and 2.5 bathrooms with 2000 square feet, this could be the perfect home for you! With a landscaped pool area and 2 separate garages this property has everything you need. For rental...

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Sandbridge Real Estate for Sale

Houses for Sale, Condominiums for Sale, Land for Sale, Campground units for Sale. Almost everywhere you look in the Sandbridge community of Virginia Beach you can find property for sale. To the casual observer vacationing for the week at our clean outer banks beach it would appear to be a buyers’ market. Houses selling in less than a month, Inventory of houses is down 25-30% from the slowest period would contradict this thought. However inventory of condos is about the...

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2829 Wood Duck Rd. New Bay Home For Sale

Sandbridge Real Estate Net

This beautiful waterfront home located right on the canal has just come on the market. Amazing water and marsh views with its own boat ramp & boat house. The inside of this 5 bedroom, 3 bathroom home has just had some major renovations including a fully upgraded kitchen with stainless steel appliances and granite counter tops.  New floors and updated baths. 2,700 square feet with great decks and a screened in porch. Easy walk to the beach. Don't miss out...

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