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Suffolk 23434
1264 RIVER RD
$170,000
● House - Off Market

1264 RIVER RD

Suffolk, VA 23434
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,302 Ft²
$328,226
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Welcome to this wonderful brick ranch in Nansemond Gardens! This home offers 3 bedrooms 1.5 baths and a huge fenced backyard with deck and detached garage. This home also features a nice kitchen and a spacious family room with fireplace. An amazing value! Property sold as is.
Unit Size
1,302 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$117
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 12 months ago (CVRMLS #1225883)

Price History

Date / Event Date Event Price
Nov 26, 2012 Sold
Premium
Sold
Oct 19, 2012 Listed by Native American Group Realty $152,000
Listed by Native American Group Realty
Mar 2, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,315
  • Building Area: 1,315
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: L.71,NANSEMOND RIVER SHORES

Neighborhood

  • School District Name: Suffolk City Public Schools
  • Census Tract: 075503

Zoning

  • Zoning: RES LOW-ME

Geography

  • Account Number: 302013500
  • District: NM
  • Parcel: 26B*71
  • Municipality: NANSEMOND BOROUGH
  • Latitude: 36.7533
  • Longitude: -76.5733

    Address

  • Full Address: 1264 River Rd
  • Address - House Number: 1264
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Suffolk
  • Carrier Code: C015
  • 4-Digit Zip Code: 2926
  • Zip Code: 23434

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $247,539
  • Tax Rate Code Area: CITY-WIDE

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 272,534
  • High Value: 313,499
  • Low Value: 231,568

    Market Valuation

  • Market Total Value: $227,100
  • Market Land Value: $69,300
  • Market Improvement Value: $157,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,100
  • Assessed Land Value: $69,300
  • Assessed Improvements Value: $157,800

    Sales

  • Current Sale Recording Date: Nov 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Previous Sale Recording Date: Mar 02, 2012
  • Previous Sale Amount: $221,449
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Suffolk

Stats & Trends

Median Asking:

$237,450

Sale Price/ft²

$163

Below Asking

0.02%

Average Days on Market

34

Average Home Size

2112 ft²

Average Home Age

84.1 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CVR

Listed by: Susan Jenkins, Native American Group Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1225883
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 1264 River Road built and last sold?
The property at 1264 River Road was built in 1964 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 1264 River Road is $162,054.
What are some comparable homes to 1264 River Road?
There are currently no comparable homes to 1264 River Road.
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