Cribline New Year Special Edition – Coastal Living in 7 Bedroom Ocean Views Steps to Ocean in Virginia Beach
Check out this dream 7 bedroom, 5 bedroom home in Virginia Beach located at 2585 Sandpiper Rd.
This (4,100 plus sf) home features ocean views, pool and spa, wrap around porch, and open spaces. It also has hardwood floors, a chef’s kitchen and a thrid floor master suite. Added bonuses include a great outdoor living space with screen porch.
This home was originally built in 1960, and completely renovated in 2004.
It’s on the market for $965,000. See how much this would cost in the Cribline Math analysis below.
Cribline Math analysis:
With 20 percent down on $965,000 of $193,000, the mortgage would be $772,000. At an estimated interest rate of 4 percent fixed for 30 years, the gross payment would be $4,490 per month. After tax deductions, the net payment would be about $3,145 per month.
Happy New Year house hunting!