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8022 S Old Oregon Inlet Road
Nags Head, NC 27959

$699,000

Beds: 7
Baths: 5 | 1
Sq. Ft.: 3,342
Listing #90199
Wish buying investment property came with a guarantee... well, this one does! Seller is guaranteeing $64,000 in gross rents for 2018 rental season with acceptable offer. A spacious semi-oceanfront rental producer that includes ocean views, private pool, hot tub, gas fireplace, 7 bedrooms (3 of which are ensuite), an open-living floor plan on the top level with custom white oak and ceramic tile flooring, silestone kitchen counter tops, and gas fireplace in a roomy living/dining/kitchen area that is all inclusive, and an expansive game/family room equipped with billiard table, wet-bar, flat screen TV, and 2nd refrigerator on the ground level. 2015 - freshly painted exterior, put new carpet in all the bedrooms, and updated to flat screen TV's throughout this home. This investment property includes all the touches that guests relish on their beach vacation, including ocean views, and easy beach access. Nature Preserve views over the Roanoke Sound - this open space behind this home guarantees seclusion. Very close to the beach (semi-oceanfront), but in a tranquil picturesque setting where you can relax and be transported by nature and breathtaking sunsets.
Property Features
Location Information
County: Dare
MLS Area: S. N.H. West/Old Oregon R
Subdivision: Bodie Isl Beach
Directions: Located at MP 16.8 on westside of OOIR.
Interior Features
Interior: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Washer Connection, Wet Bar
Heating: Central, Heat Pump
Cooling: Central, Heat Pump
Floors: Carpet, Ceramic Tile, Wood, Hardwood
Appliances: Dishwasher, Microwave, Refrigerator w/Ice Maker, 2nd Refrigerator, Stackable Washer/Dryer
Furnishing Available: Yes
Exterior Features
Style: Reverse Floor Plan, Coastal
Construction: Frame
Exterior: Cement Fiber Board
Foundation: Piling
Roof: Asphalt/Fiber Shingle
Septic or Sewer: Private Septic, Non Conventional Septic
Water Access: Municipal
Parking Description: Paved, Off Street
Has a Pool: yes
Pool Description: Outdoor, In Ground, Private Pool
Lot Faces: E
Lot Description: Adj to Park Serv./Preserv, Level
Lot Size in Acres: 0.077
Lot Size in Sq. Ft.: 3, 342
Road Description: Paved, Public
Waterfront Description: Semi-Oceanfront (2nd row)
View Description: Ocean, Park Serv/Preserve, Sound
Additional Information
Ownership: Owned More than 12 Months
Is Primary Residence: No
Expenses: Yearly Expense Act/Est: Estimated, Yearly Electric: 2500, Yearly Water: 600, Yearly Telephone: 540, Yearly Cable TV: 1800, Insurance: 5092, Flood: 2063, Maintenance: 1000, Pool/Spa: 3000, Other Expenses: 550, Other Expenses 2: 150
Bill of Sale: Bill of Sale Amount: 1
Income: Current Year Owner Rental Income: 58440, Current Year Gross Rental Income: 60510, Previous Year Owner Rental Income: 64000, Previous Year Gross Rental Income: 66255, Annual Rental Income: 65251
Property Type: SFR
Property SubType: Single Family - Detached
Year Built: 2004
Status: Active
Is an REO: No
Is Short Sale: No
Original Price: $789000
HOA Fee: 0
HOA Fee: No
Tax Year: 2015
Tax Amount: 4, 471.26
Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
Garage Description: None


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: Hugh Willey, Sun Realty - KDH
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Outer Banks data last updated at January 18, 2018 6:03 PM ET