10041 ATLANTIC ROAD
About This Property
The flexible floor plan includes a first-floor full bath and two oversized upstairs bedrooms, including a spacious primary bedroom with a second full bath featuring a vintage clawfoot tub. Recent improvements include energy-efficient mini-split heating and cooling systems, replacement windows, updated flooring throughout much of the home, vinyl siding, composition roof, and updated appliances.
Outside, enjoy the rare luxury of a 0.79± acre lot with an expansive backyard bordered by mature trees, offering privacy and plenty of room for gardening, recreation, pets, or future outdoor living spaces. A detached storage shed provides additional space for lawn equipment, tools, or hobbies.
Conveniently located in the historic fishing village of Atlantic, you're just a short drive from Chincoteague Island, Assateague National Seashore, Wallops Flight Facility, public boat ramps, world-class fishing, kayaking, beaches, restaurants, and all the natural beauty of Virginia's Eastern Shore. Whether you're searching for a year-round residence, weekend retreat, or investment opportunity, this property offers exceptional value and endless potential.
Property is being sold strictly AS IS, WHERE IS. All inspections are at the purchaser's sole expense and for informational purposes only.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by Long & Foster Real Estate, Inc. | $145,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| May 24, 2024 | No longer available | - | |
| No longer available | |||
| May 15, 2024 | Relisted | $96,500 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017