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Norfolk 23518
8360 OLD OCEAN VIEW RD
$75,100
● House - Off Market

8360 OLD OCEAN VIEW RD

Norfolk, VA 23518
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,169 Ft²
$188,670
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Welcome to this wonderful 3 bedroom 2 full bath home in Norfolk.  Home features an open kitchen with appliances and plenty of counter and cabinet space.  Home also offer a large fenced in backyard.  Come see this one!  Property sold as is.
Unit Size
1,169 Ft²
Days on Market
83 days
Land Size
-
Price per sqft
$81
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1991

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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 #1303734)

Price History

Date / Event Date Event Price
Apr 18, 2016 Sold
Premium
Sold
Jan 19, 2016 Sold
Premium
Sold
May 6, 2013 Sold
Premium
Sold
Feb 12, 2013 Listed by Native American Group Realty $95,000
Listed by Native American Group Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 428
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,092
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,169
  • Building Area: 1,169
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,169
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVE PARK
  • Land Acres: 0000000278
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: L-2 BLK 2 GROVE PARK

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 005601

Zoning

  • Zoning: R7

Geography

  • Section: 1196
  • Parcel: 24389406
  • Block: 2
  • Latitude: 36.9253
  • Longitude: -76.2452

    Address

  • Full Address: 8360 Old Ocean View Rd
  • Address - House Number: 8360
  • Address - Street Name: Old Ocean View
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C004
  • 4-Digit Zip Code: 2545
  • Zip Code: 23518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,375

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 280,156
  • High Value: 334,803
  • Low Value: 225,509

    Market Valuation

  • Market Total Value: $231,500
  • Market Land Value: $73,300
  • Market Improvement Value: $158,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,500
  • Assessed Land Value: $73,300
  • Assessed Improvements Value: $158,200

    Sales

  • Current Sale Contract Date: Mar 28, 2016
  • Current Sale Recording Date: Apr 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 160007730
  • Previous Sale Recording Date: Jan 19, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Norfolk

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2132 ft²

Average Home Age

42 years

Currently For Sale

5 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

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CVR

Listed by: Susan Jenkins, Native American Group Realty
Last Updated: 12 months ago
Data Source: CVRMLS , MLS# 1303734
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 8360 Old Ocean View Road built and last sold?
The property at 8360 Old Ocean View Road was built in 1991 and last sold on Mar 28, 2016 for $164,900.
How much is this home worth?
The estimated value of the home located at 8360 Old Ocean View Road is $103,425.
What are some comparable homes to 8360 Old Ocean View Road?
There are currently no comparable homes to 8360 Old Ocean View Road.
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