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Chesterfield 23836
706 Okuma Drive
$357,400
● House - Off Market

706 Okuma Drive

Chester, VA 23836
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,802
Est. Monthly
7.23%
Cap Rate

About This Property

Charming Southern Craftsman style two story home with two front porches. 3 bedroom. The kitchen features white shaker cabinets with beautiful Quartz countertops, up grated lighting package. Luxury Vinyl Tile throughout the first floor. It has two full baths also with Quartz countertops.
Unit Size
-
Days on Market
165 days
Land Size
0.79 acres
Price per sqft
-
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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 (CVRMLS #2409248)

Price History

Date / Event Date Event Price
Sep 28, 2024 Sold
Premium
Sold
Jul 25, 2024 Price Decreased $357,400
↓ $9K (2.3%)
Price Decreased
Jul 25, 2024 In contract -
In contract
Jun 26, 2024 Price Decreased $365,900
↓ $8K (2.1%)
Price Decreased
Jun 3, 2024 Price Decreased $373,900
↓ $5K (1.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 34,587
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMERON HILLS
  • Land Acres: 0000000794
  • Standard Land Use Code: 1001
  • County Land Use Code: SD
  • Legal Description 1: CAMERON HILLS L 13 BK B SEC B

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100509

Zoning

  • Zoning: R7 - SINGL

Geography

  • Account Number: 105151001
  • District: 01
  • Section: B
  • Parcel: 818-65-03-34-300-000
  • Block: B
  • Lot: 13
  • Municipality: BERMUDA
  • Latitude: 37.3429
  • Longitude: -77.3461

    Address

  • Full Address: 706 Okuma Dr
  • Address - House Number: 706
  • Address - Street Name: Okuma
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Chester
  • Carrier Code: R028
  • 4-Digit Zip Code: 5711
  • Zip Code: 23836

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,510

    Appraisal Valuation

  • Standard Deviation: 0.0807
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 94
  • Final Value: 77,056
  • High Value: 83,279
  • Low Value: 70,833

    Market Valuation

  • Market Total Value: $61,000
  • Market Land Value: $61,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000
  • Assessed Land Value: $61,000

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 15229
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 Chesterfield

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2461 ft²

Average Home Age

19.6 years

Currently For Sale

621 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

Nearby Rentals

Unit for rent at 13507 Enon Oaks Place, Chester, VA, 23836

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 2,108 ft²
13507 Enon Oaks Place, Chester, VA, 23836 Listing by Kristin Wood

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Derek Eisenberg, Continental Real Estate Group
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2409248
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 706 Okuma Drive built and last sold?
The property at 706 Okuma Drive was built in and last sold on May 25, 2023 for $69,000.
How much is this home worth?
The estimated value of the home located at 706 Okuma Drive is $360,974.
What are some comparable homes to 706 Okuma Drive?
There are currently no comparable homes to 706 Okuma Drive.
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