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Chesapeake 23322 Great Bridge
426 FAIRE CHASE
$154,900
● House - Off Market

426 FAIRE CHASE

Chesapeake, VA 23322
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,162 Ft²
$331,515
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model

About This Property

COMPLETELY RENOVATED!TOP TO BOTTOM!Completely new NU FLO plumbing in home! Completely NEW chimney liner!NEW CARPET, PAINT, ROOF, WINDOWS, KITCHEN & BATHROOMS! These renovations were done with care!Seller planned on keeping this home for many years! VERY Sought after area & school zones! Won't last long!
Unit Size
1,162 Ft²
Days on Market
98 days
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1986

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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 #1226266)

Price History

Date / Event Date Event Price
Sep 19, 2017 Sold
Premium
Sold
Feb 4, 2013 Sold
Premium
Sold
Oct 25, 2012 Listed by Native American Group Realty $154,900
Listed by Native American Group Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDDLE OAKS
  • Land Acres: 0000000060
  • Standard Land Use Code: 1002
  • Legal Description 1: 55 BLK J MIDDLE OAKS SEC 3-A

Neighborhood

  • School District Name: Chesapeake City Public Schools
  • Census Tract: 021010

Zoning

  • Zoning: RTH1: RESI

Geography

  • Assessors Map Reference: MB 77 PG 44
  • District: 23
  • Parcel: 0593010000080
  • Municipality: PLEASANT GROVE
  • Latitude: 36.7074
  • Longitude: -76.2691

    Address

  • Full Address: 426 Faire Chase
  • Address - House Number: 426
  • Address - Street Name: Faire Chase
  • State: VA
  • City Name: Chesapeake
  • Carrier Code: R047
  • 4-Digit Zip Code: 7513
  • Zip Code: 23322

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $195,132

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 249,888
  • High Value: 284,606
  • Low Value: 215,170

    Market Valuation

  • Market Total Value: $218,300
  • Market Land Value: $100,000
  • Market Improvement Value: $118,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,300
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $118,300

    Sales

  • Current Sale Contract Date: Sep 15, 2017
  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 170025792
  • Previous Sale Recording Date: Feb 04, 2013
  • Previous Sale Contract Date: Jan 25, 2013
  • Previous Sale Amount: $154,900
  • Previous Sale Document Type: 71
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 Great Bridge

Stats & Trends

Median Asking:

$479,400

Sale Price/ft²

$157

Below Asking

0.10%

Average Days on Market

129

Average Home Size

3223 ft²

Average Home Age

60.5 years

Currently For Sale

0 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

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CVR

Listed by: Susan Jenkins, Native American Group Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1226266
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 426 Faire Chase built and last sold?
The property at 426 Faire Chase was built in 1986 and last sold on Sep 15, 2017 for $170,000.
How much is this home worth?
The estimated value of the home located at 426 Faire Chase is $0.
What are some comparable homes to 426 Faire Chase?
There are currently no comparable homes to 426 Faire Chase.
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