$280,000
●
House -
Off Market
412 DOUGLAS AVE
COLONIAL BEACH, VA 22443
2 Beds
1 Bath
650 Ft²
$1,397
Est. Monthly
About This Property
Looking for that perfect getaway (and/or short term rental
opportunity) in the charming golf cart community of Colonial Beach?
This is IT--an adorable, 2 bedroom, 1 bath house in the heart
of town. The house has been completely renovated and
remodeled including a new roof, new hot water heater, new windows,
new stove, new refrigerator, new washer and dryer, new flooring,
new kitchen cabinets and counter tops and new paint throughout.
This home also boasts two large sheds to keep all your beach
or recreation toys. You don't want to miss this gem which is just a
short stroll to the beach, coffee shop, restaurants, wine bar,
boutiques and more. Or hop on your golf cart and head to one
of the many marinas in town to where you keep your boat. Find
out why Colonial Beach residents say you can't beat life on the
Rivah and why the town earned the nickname of Playground on the
Potomac.
Unit Size
650 Ft²
Days on Market
26 days
Land Size
0.06 acres
Price per sqft
$438
Property Type
House
Property Taxes
$93
HOA Dues
-
Year Built
1980
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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: 3 years ago (Bright MLS #VAWE2006298)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Price Decreased |
$284,500
↓ $15K
(5.1%) | |
| Price Decreased | |||
| Apr 23, 2024 | Price Decreased |
$299,900
↓ $30K
(9.1%) | |
| Price Decreased | |||
| Mar 26, 2024 | Listed by Coldwell Banker Elite | $329,999 | |
| Listed by Coldwell Banker Elite | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Colonial Beach
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Listed by: Eric Nelson
Coldwell Banker Elite
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# VAWE2006298
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: 1 hours ago
Data Source: Bright MLS , MLS# VAWE2006298
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