$348,700
●
House -
Off Market
233 STRATFORD DRIVE
COLONIAL BEACH, VA 22443
3 Beds
2 Baths
1,258 Ft²
$1,660
Est. Monthly
7.95%
Cap Rate
About This Property
Charming 3BR/2BA rambler in a golf cart waterfront community, just
a short ride or stroll to the beach, boat launch, pier, and scenic
waterfront grounds. Built in 2019 on a large level lot, this home
features a covered front porch, custom walkways, and a fully fenced
backyard with 8' rolling gate, swing set, storage shed w/electric,
and a gazebo with fan, lights, curtains, mounted TV & outlets.
Bright open floor plan includes a family room, gourmet kitchen with
granite counters, stainless appliances, bar-top peninsula, custom
cabinetry, and dining/flex area. Refrigerator, washer & dryer all
new (3 months old). Brand new LVP flooring throughout, ceiling fans
in every room, and custom organized closets. Spacious primary suite
fits a king bed. Laundry room has added custom cabinetry; tall
bathroom organizers convey. Solar panels convey with no loan to
assume and offer reduced electric bills, energy independence, and
eco-friendly living. The clean crawl space includes a vapor barrier
and temperature control for added energy efficiency and peace of
mind. Large deck overlooks backyard-perfect for entertaining. Enjoy
low-maintenance living in a vibrant waterfront setting!
Unit Size
1,258 Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
House
Property Taxes
$15
HOA Dues
-
Year Built
2019
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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 years ago (Bright MLS #VAWE2009222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$334,900
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Increased |
$339,000
↑ $14K
(4.3%) | |
| Price Increased | |||
| Jul 12, 2025 | Price Decreased |
$324,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Westmoreland
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Listed by: Christina Burroughs
Coldwell Banker Elite
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAWE2009222
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Coldwell Banker Elite
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# VAWE2009222
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