8229 S Old Oregon Inlet Road , Lot # 54

    Nags Head, NC 27959
    • $1,155,000
    • STATUS: Closed
    • ON SITE: 135 days
    • MLS #: 102644
    Sold - 01/07/2019
    $1,155,000
    SOLD - 01/07/2019
    • 10
      BEDS
    • 0.41
      ACRES
    • 7
      BATHS
    • 2
      1/2 BATHS
    • 4,430
      SQFT
    • $261
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1999
    County:

    School Ratings & Info

    Description

    One of the most sought after locations in all of South Nags Head with a highly vegetated stable dune for extra protection from Nor'easters. Located along a 4 mile stretch of private oceanfront beaches. This 10 bedroom investment home generated 10% GRI in 2017 and already has $133,975 on the books for 2018 (12% return). Seller limits rental weeks, so investor buyer could open all spring and fall calendar to generate higher income. Recent upgrades include; stainless steel appliances, updated baths, and newer laminate flooring in great room. The views from the top level are outstanding with lots extra windows to add an abundance of natural light. The floor plan is open and spacious, perfect for a large crowd to gather. Top Level includes; great room with amazing ocean and beach views, gas fireplace (not connected), dining table seats 16 to 18, wet bar with custom cabinets & wine cooler, and 2 master suites. Mid Level: Large open main entry, 5 bedrooms, 2 with private access to east side deck with hot tub. Ground Level: Huge game room with wet bar, full size 2nd refrigerator, microwave, and dishwasher. 3 Bedrooms, full shared hall bath, jack and jill bath, and 1/2 bath accessible from pool, and a 12x32 private pool. In 2017 Serenity generated $120,910, and 2016, over $124,000. Already $133,975 on the books for 2018. Consistent income producer and perfect for any investor. BRAND New Quartz countertops being installed in Kitchen, Wet bar area on Top Level, and countertop on ground level in game room.

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    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2019-03-24T23:37:38.54.
    www.mattmyatt.com/homes/89278873

    8229 S Old Oregon Inlet Road , Lot # 54 Nags Head, NC 27959

    • Price: $1,199,000
    • Status: Closed
    • MLS #: 102644
    10
    Beds
    7
    Baths
    2
    ½ Baths
    0.41
    Acres
    4,430
    SQFT
    $261
    $/SQFT
    1999
    Built
    Neighborhood:
    Bodie Isl Beach
    County:
    Dare
    Area:
    S. N.H. East/Old Oregon R
    Property Description
    One of the most sought after locations in all of South Nags Head with a highly vegetated stable dune for extra protection from Nor'easters. Located along a 4 mile stretch of private oceanfront beaches. This 10 bedroom investment home generated 10% GRI in 2017 and already has $133,975 on the books for 2018 (12% return). Seller limits rental weeks, so investor buyer could open all spring and fall calendar to generate higher income. Recent upgrades include; stainless steel appliances, updated baths, and newer laminate flooring in great room. The views from the top level are outstanding with lots extra windows to add an abundance of natural light. The floor plan is open and spacious, perfect for a large crowd to gather. Top Level includes; great room with amazing ocean and beach views, gas fireplace (not connected), dining table seats 16 to 18, wet bar with custom cabinets & wine cooler, and 2 master suites. Mid Level: Large open main entry, 5 bedrooms, 2 with private access to east side deck with hot tub. Ground Level: Huge game room with wet bar, full size 2nd refrigerator, microwave, and dishwasher. 3 Bedrooms, full shared hall bath, jack and jill bath, and 1/2 bath accessible from pool, and a 12x32 private pool. In 2017 Serenity generated $120,910, and 2016, over $124,000. Already $133,975 on the books for 2018. Consistent income producer and perfect for any investor. BRAND New Quartz countertops being installed in Kitchen, Wet bar area on Top Level, and countertop on ground level in game room.
    Exterior Features

    Construction FrameWood Exterior Vinyl Extras Beach AccessBoardwalk To BeachCeiling Fan(S)Central VacuumCovered DecksFenced YardHot TubJet TubOutside LightingOutside ShowerPatioSmoke Detector(S)Sun DeckDry Entry Foundation PilingSlab Lot Description Beach FrontageLevelWater Frontage Parking Parking LotPaved Pool OutdoorIn GroundFiberglassPrivate Pool Pool YN Yes Roads PavedPublic Roof Asphalt/Fiber Shingle Style ContemporaryReverse Floor PlanCoastal View Description Ocean Waterfront Location Oceanfront

    Interior Features

    Air Conditioning Heat PumpZoned Appliances DishwasherDryerMicrowaveRange/OvenRefrigerator W/Ice MakerWasher2Nd Dishwasher2Nd RefrigeratorWine Cooler Counter Tops MarbleSolid Surface Floor Coverings TileWood Laminate Furnishings Available YN Yes Heating ElectricHeat PumpZoned Interior Features Cathedral Ceiling(S)Dryer ConnectionGas ConnectionGas FireplaceIce Maker ConnectionMaster BathPantryWasher ConnectionWet Bar Optional Rooms FoyerGame Room

    Property Features

    Annual Rental Income 191000 Association Fee YN No Bank Owned YN No Estimated Annual Fee 0 Financing Options CashConventional Flood Zone Ve Lease Terms Weekly Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Serenity Rental Performance 0.1654 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2018 Taxes 9490 Water Municipal Zoning Res

    Listing courtesy of Heather Vandermyde of Coldwell Banker-Seaside Realty - Kdh.


    © 2019 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Matt Myatt | Keller Williams. Data last updated: 2019-03-24T23:37:38.54.
     
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