1305 S Virginia Dare Trail
Kill Devil Hills, NC 27948
Unbelievable investment opportunity! Don't miss these three adjoining oceanfront lots and the opportunity to build the ultimate weekly rental business in Kill Devil Hills. Tear down or move the existing homes and replace them with three 18-20 bedroom weekly rentals for optimum rental income. Each of these homes should see a gross cap rate in excess of $450,000 annually. Let us show you a variety of house plans that have already proven to show the highest potential and give you a tour of some of these beautiful money makers. Taxes are for all three lots.
MLS Area: Kill Devil Hills Oceanside
Subdivision: Kill Devil Bch
Septic or Sewer: Private Septic
Lot Description: Beach Frontage, Water Frontage
Lot Size in Acres: 1.286
Lot Size in Sq. Ft.: 56, 000
Road Description: Paved, Public
View Description: Ocean
Property Type: LL
Property SubType: Residential
$ per month
Year Fixed. % Interest Rate.
|Principal + Interest:||$|
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.
Copyrighted 2017 by Outer Banks Association of REALTORS®. All Rights Reserved. The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS®. Real estate listings include the name of the brokerage and listing agents. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
Outer Banks data last updated at June 26, 2017 2:00 PM ET