39
Map
$353,475
●
House -
For Sale
Lot 1976 MAYFLOWER
GREENBACKVILLE, VA 23356
4 Beds
2 Baths
1,571 Ft²
$1,897
Est. Monthly
$156
HOA / Fees
About This Property
The Drake is a beautiful four-bedroom, two-bath ranch-style home
featuring an open floor plan, bright living room, and open concept
kitchen and dining area. Four bedrooms offer plenty of space for
family and/or guests. The primary suite boasts a walk-in closet and
private bath and is located on the opposite side of the home for
extra privacy. This design includes a spacious two-car garage,
covered front and back porches-perfect for relaxing or entertaining
in comfort and style. This property is located in Captain's Cove &
features indoor & outdoor pools, a restaurant, banquette rooms,
fitness center, basketball & tennis courts, boat launch,
playground, security & so much more! Home is to be built and the
photos of the model home may include options. Taxes are based on
the land value only.
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$225
Property Type
House
Property Taxes
$5
HOA Dues
$156
Year Built
-
Listed By
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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: 5 months ago (Bright MLS #VAAC2002824)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | Listed by Monument Sotheby's International Realty | $353,475 | |
| Listed by Monument Sotheby's International Realty | |||
| Sep 10, 2025 | Listed | $3,500 | |
| Listed | |||
| | |||
|
Schedule your trip to the resort community of Captain's Cove to come and see this great lot. Just under a quarter of an acre and ready to be the location of your new home! Enjoy 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 & restaurant at the Marina Club. Minutes to the beach! Just a short ride to Ocean City, MD, Chincoteague Island or Assateague Island.
| |||
| Feb 13, 2025 | Listed | $248,500 | |
| Listed | |||
| | |||
|
The Ensign packs a lot into it's 1,246 sq ft layout. This one story home offers three bedrooms and two full bathrooms including a primary bedroom w/ an ensuite bath & walk-in closet. The kitchen has a breakfast bar and is open to the dining area and living room. Perfect for entertaining. The outdoor living spaces included a covered front porch and a side screened porch! Full appliance package is included. Conditioned crawl space for additional storage. This home is located in Captain's Cove & features indoor & outdoor pools, a restaurant, banquette rooms, fitness center, basketball & tennis courts, boat launch, playground, security and so much more all included in the HOA! Home is to be built & the photos of the model home may include options. Taxes based on land only.
| |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: Stone Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Bathroom - Soaking Tub, Combination Kitchen/Dining, Dining Area, Kitchen - Island
Appliances: Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Stove
Flooring Type: Vinyl, Carpet
Exterior Details
Square Footage: 1571
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Excellent
Architectural Style: Ranch/Rambler
Year Built Source: Estimated
Year Built: 2026
Waterbody Name: Chincoteague Bay
Builder Model: The Drake
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Double Hung
Construction Materials: Vinyl Siding
Lot Size Area: 9890
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 9890
Tax Lot: 1976
Water Source: Public Hook-up Available, Community
Financial Details
Tax Annual Amount: $55
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump(s)
Sewer : On Site Septic
Location Details
HOA/Condo/Coop Amenities: Boat Slip, Exercise Course, Fitness Center, Meeting Room, Picnic Area, Tennis Court(s), Common Grounds, Community Center, Library, Marina/Marina Club, Pier/Dock, Pool - Indoor, Pool - Outdoor, Tot Lots/Playground
HOA Fee: $1,874
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: Robert J. Smith, JR
Monument Sotheby's International Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAAC2002824
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Monument Sotheby's International Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# VAAC2002824
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