|
| | 6,400sf Bay View Estate House | 
| |
|
Property Type: Owner Occupied - House
Last Updated: 8/3/2010 1:14:01 PM EST
Property # 23246
|
Location:
|
Bloxom, Virginia 23308 USA
|
View Address On Mapquest
|
|
Value:
Loans:
Equity:
|
$883,000
$288,000
$595,000
|
|
Backyard w/4 decks, overlooking lagoon
|
|
|
|
Property Description:
Gorgeous Manor Home, Furnished, 6400 sq. ft. on 10 acres,Bay Views of the Chesapeake. www.chesapeakebayviews.com Mint, move-in condition, West Wing tenant pays $750.00 No neighbors, conservationists
Benefits to New Owner:
Nature lovers paradise. PRIVACY...........Surrounded by hundreds of acres of conservation and marshalnds, walk to beach and public boat ramp. For the recluse or artist......
|
|
Annual Income & Expense
|
| | Per/Year | % of G.I. | Projected/Year | | Gross Operating Income | $30,000 | 100% | | | Operating Expenses (-) | $24,000 | 80% | | | Net Operating Income (=) | $6,000 | 20% | | | Loan Payments (-) | $0 | 0% | | | CASH FLOW (=) | $6,000 | 20% | |
| Additional Income & Expense Comments | | West Wing has one bedroom furnished apt that rents for $750./00 a month to a single engineer working at Wallops Is. NASA near Chincoteague in Accomack County, 20 minutes away. |
|
Loans
|
| | | Balance | Mo. Payment | % Rate | Year Due | Lender | Assumable | | Loan #1: | $288,000 | $2,045 | | | Conventional | YES | | TOTALS | $288,000 | $2,045 | | | | |
| Loan Comments | | Owner will trade equity and carry balance on contract for deed with d/p or negotiate flexible terms. Do a wrap around mortgage or lease/purchase agreement Payment includes P & I, taxes and insurance. |
|
Additional Information Available Upon Request
|
| Appraisal available (Approx. Date 05/2004) | Maps: Area & Plat
Photographs
Site Improvements |
|
Can Adds
|
| | | Property Type | Value | Loans | Equity | Cash Flow (Yr.) | | 1 | Land/Residential | $300 | $0 | $300 | $0 | | 2 | Land/Residential | $210 | $0 | $210 | $0 | | 3 | Land/Farm / Ranch | $350 | $0 | $350 | $0 | | | CAN-ADD TOTALS | $860 | $0 | $860 | $0 |
| Can Adds Comments | | Two waterfront properties are 21 acres on Coleman Lake in Ford, VA and
5 acreas on Roanoke Rapids Lake in Vultare, NC. Farm is 140 Acres in Ava, Mo.None of these 3 properties have improvements. |
Click to view Other parties that may want what you have based on a computer match from the property records data
|
Owner's Profile
|
| Occupation Retired Name Please Sign In or Register to view owner information. | | Why Owner No Longer Wishes to Own This Property | | Property is now geographically uncomfortable |
| Owner Comments and Benefits desired from Exchange | | Want to retire to SC. would prefer SC, NC, GA or Fl, one or two homes free and clear to trade for my equity. I JUST REDUCED MY PRICE BY OVER $200,000. Upstairs bedrooms now rented $600. each. |
|
|
Will Consider Exchanging For
|
Residential Income: House(s)
Mobile Home Park: Family, Senior, Trailer / RV, Other
Personal Property: Cash
Owner Occupied: House
Services Offered: Real Estate
U.S. Locations
| Map | States/Regions: Florida
Regions: 'SOUTHEAST' |  |
| Owner Will Exchange for Additional Comments | | Looking for one or two homes down South that will be free and clear for my equity. I JUST REDUCED THE PRICE BY OVER $200,000........ |
|
Property Represented By
|
| Click Here to contact the Owner or Agent representing this property. |
REE.com Inc. has not verified the above property information and therefore does
not guarantee or warranty any information contained herein.
It is your responsibility to seek independent assistance for legal, tax, financial
and physical inspections. All information submitted is subject to errors, omissions,
change of price/value, withdrawal and to any special listing conditions
imposed by the principals.
|
|
