27
Map
$168,500
●
Land -
For Sale
Lot 1361 BLACKBEARD ROAD
GREENBACKVILLE, VA 23356
Studio
0 Bath
$1,197
Est. Monthly
$317
HOA / Fees
About This Property
Don't miss out on the opportunity to purchase this canal front lot.
Imagine building a beautiful piling home that you and your friends
and family can enjoy for many years to come. Whether you are
looking to live here year round or have a fabulous vacation home,
this is the perfect homesite for you. Start enjoying all that
Captain's Cove has to offer. The many amenities include 2 outdoor
pools & 1 indoor pool, tennis courts, the community marina & boat
ramp, exercise room, the playground and the Marina Club. Just
minutes to the beach and a short ride to Ocean City, MD,
Chincoteague Island or Assateague Island.
Unit Size
-
Days on Market
588 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$53
HOA Dues
$317
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 months ago (Bright MLS #VAAC2001726)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2026 | Relisted | $168,500 | |
| Relisted | |||
| Mar 15, 2026 | No longer available | - | |
| No longer available | |||
| Mar 26, 2025 | Listed | $168,500 | |
| Listed | |||
| | |||
|
Don't miss out on the opportunity to purchase this canal front lot. Imagine building a beautiful piling home that you and your friends and family can enjoy for many years to come. Whether you are looking to live here year round or have a fabulous vacation home, this is the perfect homesite for you. Start enjoying all that Captain's Cove has to offer. The many amenities include 2 outdoor pools & 1 indoor pool, tennis courts, the community marina & boat ramp, exercise room, the playground and the Marina Club. Just minutes to the beach and a short ride to Ocean City, MD, Chincoteague Island or Assateague Island.
| |||
Property Highlights
Exterior Details
Waterbody Name: Chincoteague Bay
Lot Features: Cleared, Flood Plain, Bulkheaded
Lot Size Area: 8699
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8699
Tax Lot: 1361
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $126,500
Tax Annual Amount: $631
Utilities Details
Sewer : Public Hook/Up Avail
Location Details
HOA/Condo/Coop Amenities: Boat Slip, Maintenance Grounds, Exercise Course, Fitness Center, Meeting Room, Picnic Area, Tennis Court(s), Playground, Community Center, Library, Marina/Marina Club, Pier/Dock, Pool - Indoor, Pool - Outdoor
HOA Fee: $3,798
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Captains Cove
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Listed by: Christine Caton Murphy
Monument Sotheby's International Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAAC2001726
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Monument Sotheby's International Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAAC2001726
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