2307 S Oneto Lane, Nags Head, NC 27959

$1,099,000
5
BD
5
BA
2,956
SqFt
List Price
$1,099,000
MLS#
106464
Status
ACTIVE
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
5
Full-baths
5
Living Area
2,956
Neighborhood
Nags Head Shores

Property Description

SAPPHIRE SEAS offers Breathtaking Ocean Views! When you add in 5 bedrooms, 3 of which are queen master suites, a ground floor game room with Bunk Alcove, heated pool and hot tub all uniquely situated in a low traffic area off the Beach Road but centrally located in Nags Head within easy walking distance of the Fine Art Galleries & Shops of the Gallery Row District you have the makings of a rental machine. The added heat to the pool for the 2019 season should have this home grossing over $125,000. It already has a GRI of over 11%. Improvements are as follows: Freshly Painted 2018; New Blinds 2018; New Roof 2017; UPPER HVAC May 2016; LOWER HVAC 5/017. Both units have a 10 year warranty from install date and warranty is transferable according to the Seller. Not much left to do but add your personal touch and sit back and collect your rental income.

Additional Information

Air Conditioning
Heat Pump
Appliances
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Construction
Frame
Countertops
Laminate
Siding
Shakes
Extras
Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
Floor Coverings
Carpet, Ceramic Tile, Hardwood
Foundation
Piling
Garage
Carport
Heating
Heat Pump
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Master Bath, Pantry, Wet Bar
Lot Description
Beach Frontage, Water Frontage
Optional Rooms
Foyer, Game Room
Parking
Paved, Under
Pool
Yes
Possession
At Closing
Roads
Paved
Roof
Asphalt/Fiber Shingle
Style
Reverse Floor Plan, Coastal
View
Ocean
Well
Municipal
Zip
27959
Neighborhood
Nags Head Shores
Lot Dimension
67X272
Year Built
1996
Directions
East on Gallery Row from Beach Rd. Left on Oneto and House is on the right ocean front.
County
Dare
Annual Rental Income
125000
Rental Co
Joe Lamb Realty
Rental Cottage #
471
Rental Cottage Name
Sapphires Seas
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
125000
Rental Performance
0.1137
Yearly Expense Act/Est
Actual
Yr Electric Expense
3600
Yr Water Expense
473
Yr Telephone Expense
470
Yr Cable TV Expense
1667
Insurance Expenses
$1,219
Flood Expenses
694
Pool/Spa Expense
3312

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams - Obx.

Listed by Liz Holterhaus

Copyright 2019 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 firms and listing agents. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS®. All rights reserved.

Real estate listing held by brokerage firms other than Great Escapes Realty are marked with the Broker Reciprocity logoSM or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

This information is deemed reliable, but not guaranteed. Neither the Outer Banks Association of REALTORS®, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information.